Stansberry Research, Released on 12/21/21
The economy is in a bubble, and “you will see a 40-50% crash in the first two and a half months,” following that bubble bursting, says Harry Dent, founder of HS Dent and editor of HS Dent Forecast. The initiation of the Fed beginning to raise interest rates will promulgate the topping of this market, he tells our Daniela Cambone in this edition of Outlook 2022: The Tipping Point. Dent believes we are near peak inflation levels, and says, “as soon as we come out of this downturn, you will not see inflation over a couple percent for the rest of my lifetime.” Dent examines all of the leading indicators of what he calls building towards a crash, and “would be extremely surprised if we don’t get that first crash starting in Q1.”
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called “Survive and Prosper.” Mr. Dent accurately predicted Japan’s collapse in 1989, the dot-com bubble-bust in 2000 and the housing bust in 2006 to 2007 (among many other things). He’s written numerous books, including The Great Boom Ahead (1992), The Great Depression Ahead (2008), The Great Crash Ahead (2011) and The Demographic Cliff (2014). His most recent novels are The Sale of a Lifetime and Zero Hour.
trying to figure out how we are going into deflation?? been to the grocery store or lumber yard lately? the Fed is not going to stop adding zeros to the bank accounts. We are headed to a currency collapse!