The Demographic Cliff

The Demographic Cliff

How to Survive and Prosper During the Great Deflation of 2014-2019

Format
ePub
Price
$14.99
 
  • ePub
  • ISBN 9780698156869
  • 368 Pages
  • Portfolio
  • Adult

Overview

Bestselling author and financial guru Harry Dent shows why we’re facing a “great deflation” and what to do about it now

Throughout his long career as an economic forecaster, Harry Dent has relied on a not-sosecret weapon: demographics. 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.

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. The mass retirement of the Boomers won’t just hold back inflation; it and massive debt deleveraging will actually cause deflation.

Dent explores the implications of his controversial predictions and offers advice on retirement planning, health care, real estate, education, investing, and business strategies.

Praise

“I have worked in the highest level of U.S. politics and see a disaster in the making as the government employs endless stimulus plans and bailouts that destroy the very free market capitalistic system that has made it the richest major country in the world. Harry Dent adds the reality of aging societies and slowing demographic trends to show why such reckless debt-driven policies are certain to fail.”
David Stockman, author of The Great Deformation: The Corruption of Capitalism in America

“Whether you know it or not, you are careening toward a demographic cliff. With this riveting book, esteemed economic forecaster and visionary Harry Dent has produced a must read for the next decade and beyond. It will keep you flying high while the rest of the world tumbles blindly through the turbulence.”
George Gilder, author of Knowledge and PowerWealth and Poverty, Microcosm, and Telecosm

“Harry Dent has drawn on his unique approach to demographic forecasting as a speaker at my events for twenty years. Over the last three decades, he has accurately predicted the 1990s surging markets, Japan’s twenty-year economic tailspin, and the U.S. market peak in 2007. His ability to help people understand, in simple terms, some of the most important forces that have helped shape our economy is invaluable. Read this book and find out what impact Harry believes demographics will have on our economy in the coming years.”
Anthony Robbins, entrepreneur, author, and peak performance strategist

“In Endgame I outlined the global debt that makes a financial crisis inevitable. Harry Dent goes further and shows how a succession of demographic slowdowns following Japan and the United States will make the endless government stimulus plans doomed to fail. He even shows that real estate will not be the same again with rising sellers versus buyers. This is a must-read book for prospering in the debt crisis ahead.”
John Mauldin, author of Code Red, chairman of Mauldin Economics, and editor of Thoughts from the Frontline and Outside the Box
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