The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History - Hardcover

Dent, Harry S.

Hardcover

ISBN 10: 1416588981 ISBN 13: 9781416588986

Publisher: Free Press, 2009

Synopsis

The author of the best-selling The Roaring 2000s predicts a major economic depression while offering counsel on how to survive it, sharing advice on everything from protecting one's investments to eliminating property ownership. 150,000 first printing.

About this title

About the Author:

Harry S. Dent, Jr. is the president of the H.S. Dent Foundation, whose mission is "Helping People Understand Change." He is the founder of HS Dent, which publishes the HS Dent Forecast and oversees the HS Dent Financial Advisors Network. He is the author of the New York Times bestseller, The Great Depression Ahead, as well as of The Great Boom Ahead, in which he stood virtually alone in accurately forecasting the unanticipated "boom" of the 1990s. A Harvard MBA, Fortune 100 consultant, new venture investor, and noted speaker, Mr. Dent is a highly respected figure in his field.

Rodney Johnson is the president of HS Dent, an independent economic research and investment management firm. He oversees the daily operations of the companies and is a regular contributor to the HS Forecast and the HS Dent Perspective. A graduate of Georgetown University and Southern Methodist University, Mr. Johnson is a frequent guest on radio and television programs to discuss economic changes in the United States and around the world.

From Publishers Weekly:

Dent, former strategic consultant at Bain & Company, outlines the features of what he predicts will be the next Great Depression. The author argues that demographic trends were the greatest drivers of our economy, along with radical new technologies, working together to follow a four-stage life cycle of innovation, growth, shakeout, and maturity. While Dent's doomsday predictions are depressing, his theories are persuasive and elaborated in meticulous descriptions of historic economic trends and cycles. The author's candor is refreshing, especially when he discusses how equity investments experience a wide variety of returns, including substantial losses or extraordinary gains—and that the financial press has failed to remind the public of this fact. The book offers welcome portfolio allocation strategies during an economic crisis, as well as the bad news that the worst of the housing downturn will occur between 2010 and 2013. Along with domestic forecasts, Dent addresses terrorism's economic roots and the growth of megacities in South and East Asia with characteristic thoroughness. (Jan.)
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About this edition

• Publisher: Free Press
• Publication date: 2009
• ISBN 10: 1416588981
• ISBN 13: 9781416588986
• Binding: Hardcover
• Edition number: 1
• Number of pages: 400