The Demographic Cliff: How to Survive and Prosper During the Great Deflation of 2014-2019
Author | : | |
Rating | : | 4.59 (900 Votes) |
Asin | : | B00GRJPVL6 |
Format Type | : | |
Number of Pages | : | 505 Pages |
Publish Date | : | 2015-06-04 |
Language | : | English |
DESCRIPTION:
Dent explores the implications of his controversial predictions. The mass retirement of the Boomers won't just hold back inflation; it and massive debt deleveraging will actually cause deflation - weakening the economy the most from 2014 into 2019. Studying the predictable things people do as they age is the ultimate tool for understanding trends. Inflation rises when a larger than usual block of younger people enter the workforce, and it wanes when large numbers of older people retire, downsize their homes, and cut their spending. He offers advice on retirement planning, health care, real estate, education, investing, and business strategies. Best-selling 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. 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 can explain why our economy has risen and fallen with the peak spending of generations,
A significant book. Must read. Fire editor and publisher. Nevada This is a very significant book and I would recommend that everyone read it. Unfortunately, in my opinion, the author digresses significantly and often into topics for which he demonstrates very little expertise. I was frustrated and found myself skimming about. A tough act to follow MDia Harry Dent's first book was spectacular. It remains the only compelling analysis of the ups and downs of the stock market that I've ever read. A tough act to follow ! His second book, The Demographic Cliff, was disappointing. According to his own analysis, the . Excellent Thesis Terribly Supported I finally found someone who wrote a book on the economic topic that I think is largely ignored: the coming retirement of millions of baby-boomers and how that is going to effect the economic landscape for the next 30 years. Harry Dent is spot on in recognizing