The Blaze, Released on 4/16/20

Back in September, economist Harry Dent predicted that 2020 would bring a huge market crash. Now, he says, the coronavirus proved to be the perfect “trigger” to bring America’s unstable financial system to its knees. Dent advises Americans to sell non-strategic real estate immediately and to sell all stocks. He says unemployment will reach close to numbers seen during the peak of the Great Depression, and though the economy will experience a slight reprieve in early fall, it’ll all come down crashing soon after.

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.

  coronavirus, deflation, depression, economy, inflation, real estate, stocks