The Great Depression Ahead

How to Prosper in the Crash That Follows the Greatest Boom in History

By: Harry S. Dent Jr.

Narrated by: Harry S. Dent Jr.

Harry S. Dent predicted our current economic crisis, and he foresees still more to come. He predicts that we are headed further towards a major depression reminiscent of Japan’s major recession more than a decade ago, from which their real estate market has yet to recover. With the current state of the stock market causing investors around the world to be nervous, and searching for answers, The Great Depression Ahead offers important advice to help readers not just survive, but prosper in the face of the crash.

Dent has developed theories that have accurately predicted changes in the market. He is a frequent target of economists, yet with few exceptions, Dent has always been right about the market. With fully updated predictions and reflections on all that has happened since the hardcover came out in December of 2008, this is a book on the economic crisis that we can’t afford not to read.©2009 Harry S. Dent; (P)2009 Simon & Schuster Audio

Critic reviews

"While being one of the most bullish and accurate forecasters for 20 years, Dent has always been warning that this great boom would end around 2008-2009. He now sees a bigger crash ahead and a deflationary environment that could ravage your portfolio. His warnings and predictions are well worth reading and taking seriously." -- David Bach, #1 New York Times bestselling author of Start Late, Finish Rich and The Automatic Millionaire

"While many talk of change these days, the real question lies in assessing in what direction things will change. Harry Dent does a masterful job using demographics and other key cycles to lay out where and when changes will come that will have sweeping ramifications for our pocketbooks, our way of life, and our nation. I cannot more highly recommend this book." -- Mark Sanford, governor of South Carolina

"Economists cannot forecast the economy very well, and most would admit it if their jobs didn't depend on the fiction that they can. So most economists become closet extrapolators, with some minor tweaking for visible pending developments and policy changes. Even I can see to the next corner pretty well, but I can't see around the corner. There is one exception, however. Demographics! Demography, as they say, is destiny. The reason is that you can see the future based on the facts of the present and demonstrated behavior. You can see the pig, or the pigs, going through the python. Harry Dent is the reigning expert in applying sophisticated demographic analysis to economic forecasting. His past record of getting it right speaks for itself. 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

will be spending and allocating differently

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.

reaching, but still entertaining.

reaching, but still entertaining. I read the book in retrospect, and it turns out he guessed rather accurately the 2009 crisis though the prediction was just a little later than it actually occurred. Otherwise it's still good to hear The Coincidence of trends historically. I'm not sure I would bet my life on any of it, but certainly worth paying attention to it factoring into the overall picture.

Too much sense here to ignore it

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..........

Predicted a depression 2010-2012

I’m reading this in 2020. We didn’t get a Great Depression in 2010-2012, even though all his predictions throughout the book pointed to 2012. He needs an update

The Science of Observation and Forecasting

The Science (and art) of forecasting is complex and mysterious. To suppose it will be laid out in a clear linear fashion is quite illogical.
It's easy to dismiss a theory based on a given perception, but the previous comment display how easily that is skewed.
The terrorist cycle did not begin in 1992. The activities of terrorists have marked economic and political scenes for decades and indeed centuries.
The IRA (Irish Republican Army) conducted terrorist attacks through most of the 60's and 70's. The KKK terrorized the southern USA through the first half of the 1900's. The Bader Meinhoff gang brought terror to Europe and the UK as well to many Americans in the 70's.
Do you see how the omission of a simple perspective changes much?
Harry Dents pendantry is necessary to understand the convoluted nature of cycles, and more importantly the use (and abuse) of such knowledge by the global elite who manipulate, and to a great extent, 'drive' such cycles.

That money exists to serve the 'Uber-Rich' should be obvious to even the casual student of history.

What is curious is the persistant belief that all movements of economics is axiomatic and beyond human control. The old money comes with old knowledge and power. We the people never weild it, we are it's slaves.

A good look at a subject steeped in contradictions. However, Man plans - God laughs.