The Demographic Cliff

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

De: Harry S. Dent Jr.

Narrado por: Harry S. Dent Jr.

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.

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 fundamental demographics have turned against the United States and will hit more countries ahead. 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 - weakening the economy the most from 2014 into 2019.

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

Dent shows that if you take the time to understand demographic data, using it to your advantage isn’t all that difficult. By following his suggestions, listeners will be able to find the upside to the downturn and learn how to survive and prosper during the most challenging years ahead.

©2014 Harry S. Dent, Jr. (P)2014 Brilliance Audio, all rights reserved.

great insights.

obviously Abe and Yellen have not read your book yet. maybe Angela Merkel has. xXxX

Needs a PDF

Good info, but needs a PDF with graphics for reference. I would have given it a higher rating if it had the PDF.

Learned alot, but got bored with the same message

I learned a great deal from the book and look at things differently now. But the author and narrator seemed to preach the message over and over. At a certain point I starting tuning out and never finished the book.

Well thought through!

Interesting to read / hear a well thought thru summary from a interesting statistician... I have 2 graduate degrees in economics & this is a great book!

Very good reading by author

Worth listening to often. Information is timely and to my mind, accurate. It should be given wide circulation.