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Bestselling author and financial guru Harry Dent shows why we’re facing a “great deflation” after five years of desperate stimulus — and what to do about it now Throughout his long career as an economic forecaster, Harry Dent has relied on a not-so-secret weapon: demographics. Studying the predictable things people do as they age is the ultimate tool for understanding trends. For instance, Dent can tell a client exactly when people will spend the most on potato chips. And he can explain why our economy has risen and fallen with the peak spending of generations, and why we now face a growing demographic cliff with the accelerating retirement of the Baby Boomers around the world. Dent predicted the impact of the Boomers hitting their highest growth in spending in the 1990s, when most economists saw the United States declining. And he anticipated the decline of Japan in the 1990s, when economists were proclaiming it would overtake the U.S. economy. But now, Dent argues, the fundam
ASIN : 1591847273
Publisher : Portfolio (January 7, 2014)
Language : English
Hardcover : 368 pages
ISBN-10 : 9781591847274
ISBN-13 : 978-1591847274
Item Weight : 1.32 pounds
Dimensions : 6.5 x 1.25 x 9.5 inches
Customers say
Customers find the content enlightening, with interesting insights into how the world system operates. They describe the book as an excellent, well-written, and easy read. Readers also appreciate the perspective, saying it contains eye-opening views of coming events.
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