The Hartman Media Company, Released on 8/24/23
For Part 1 of this interview, CLICK HERE
Then renowned economist Harry Dent returns as he discusses key economic indicators, cycles, and market trends. He emphasizes the potential for a significant market downturn due to demographic shifts, overvalued real estate markets, and high levels of debt. Dent suggests investing in high-quality Treasury bonds (ETFs like TLT and ZMF) as a safe haven during potential market crashes. He also recommends being cautious with stock and real estate investments, as he anticipates a period of economic turbulence ahead.
16:15 Chart: 2 Tech cycles per 45 years & 1 generational per 39
18:27 Chart: Current FED hike of 525bps already most since 1981
20:05 Chart: Russell 2000 triangle pattern ultimate sign of long-term
21:37 Chart: China’s real estate crash keeps coming back
25:32 “You can’t have a crash without distressed home owners” – Harry picks Jason theory apart
29:23 Standard of living is declining: buyers and renters just have to accept less
31:50 Work force and the death of southern Europe and east Asia and how America is far better off
34:29 Impact of technology and AI and the generational transfer of wealth
36:05 Some of Harry’s action steps
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.
Jason Hartman is the Founder of Platinum Properties Investor Network, Inc. and serves as its Chief Executive Officer. Mr. Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. His Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire. While running his successful real estate and media businesses, he also believes that giving back to the community plays an important role in building strong personal relationships. He established The Jason Hartman Foundation in 2005 to provide financial literacy education to young adults providing the all important real world skills not taught in school which are the key to the financial stability and success of future generations.