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The Great Depression Ahead: How to Prosper in the Crash That Follows the Greatest Boom in History
Abridged
By
Harry S. Dent
Narrated by
Harry S. Dent
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Program Type
Audiobook
Publisher
Length
6 hrs and 27 mins
Audible Release Date
01-15-09
Audio Formats About Formats
2 3 4 Audible Enhanced Audio
Customer Rating

3.44 based on 52 ratings
 

Publisher's Summary

The New York Times best-selling author of The Roaring 2000s guides listeners through the biggest economic crisis since the Great Depression.

The first and last economic depression that you will experience in your lifetime is just ahead. The years 2009 and 2010 will be the initial end of prosperity in almost every market, ushering in a downturn like most of us have not experienced before. Renowned economic forecaster Harry S. Dent, Jr. has developed analytical techniques that allow him to predict the impact of economic trends, including the following:

  • The economy appears to recover from the subprime crisis and minor recession by mid-to-late 2009 "the calm before the real storm."
  • Stock prices start to crash again between mid-to-late 2009 into late 2010, and likely finally bottom around mid 2012 - between Dow 3,800 and 4,500.
  • The economy enters a deeper depression between mid 2010 and early 2011, likely extending off and on into late 2012 or mid 2013.
  • Asian markets may bottom by late 2010, along with health care, and be the first great buy opportunities in stocks.
  • The next broad-based global bull market from 2020-2023 into 2035-2036.
  • Conventional investment wisdom will no longer apply, and investors must drastically reevaluate their policies in order to survive.

    Dent offers long and short-term recommendations that will allow families, businesses, investors, and individuals to manage their assets correctly and come out on top rather than get caught in a downward spiral.

    Download the accompanying reference guide.

    ©2009 Harry S. Dent; (P)2009 Simon & Schuster Audio

    • What the Critics Say

    "I hope he's wrong this time. I hope we don't have a great depression by 2010. But given his track record, I won't be betting against him." (Robert D. McTeer, Distinguished Fellow, National Center for Policy Analysis, and former president of the Federal Reserve Bank of Dallas)

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    Showing: 1-4 of 4
    Rating 1.0Rating 1.0Rating 1.0Rating 1.0Rating 1.0 "Waste of Credit"
    By: Mike (Bend, OR, USA)
    November 23, 2009
    This is the first time that I thought a book that I chose was a waste of a credit.

    The narrative is choppy and grating. While I agree demographics is important I felt the author over focused on the concept.
    Rating 4.0Rating 4.0Rating 4.0Rating 4.0Rating 4.0 "will be spending and allocating differently"
    By: Ly (Visalia, CA, USA)
    April 08, 2009
    I agree with the previous reviewer that this book makes a lot of sense. After hearing this book, I will be spending and allocating very differently. I checked his previous work (just to be certain), he wrote a book called "The Roaring 2000s" and was able to hit the trends with accuracy, although his predictions on how high or how low the stock market was going to hit was off. For me, being able to predict the trends for a given year can shed enough light into an investing style that year.
    0 of 1 people found this review helpful:
    Rating 1.0Rating 1.0Rating 1.0Rating 1.0Rating 1.0 "A Disappointment"
    By: Ralph (USA)
    March 19, 2009
    I felt that this book is an assembly of generalities, with no real information.
    15 of 16 people found this review helpful:
    Rating 4.0Rating 4.0Rating 4.0Rating 4.0Rating 4.0 "Too much sense here to ignore it"
    By: Frank (Baltimore, MD, USA)
    February 08, 2009
    I read the previous review where the writer stated that there were too many what ifs. Well, there are a lot of what ifs in life, but the general theme of this book does not rely on what ifs- it relies on previous cycles and history. The only very questionable cycle is the "terrorist cycle" which only appeared 1992 and 2001. Otherwise, I find the information credible and will prepare with it in mind. Bad news does sell, but bad news also really happens..........
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