‘You Can’t Listen To Your Damn Stock Broker’ – Forecaster Warns Of 70% Stock Market Crash And New Great Depression

Economic forecaster Harry Dent has been analyzing the economy and trading markets for decades. Utilizing a wide breadth of research that includes capital flows and demographics, he has accurately called market tops, turning points and asset price movements.
Dent recently joined CrushTheStreet.com to discuss his thoughts on the current economic, monetary and financial landscape and the news isn’t pretty. According to Dent, a new great depression is coming and we may well be on the cusp of a massive downturn as the the world’s numerous bubbles start bursting.
Every time in history that we’ve seen a debt bubble, we’ve seen financial asset bubbles… sometimes it’s more in real estate, sometimes more in stocks…
This time it’s everything… We’ve got bubbles everywhere and these bubbles are going to have to collapse and deleverage.

This post was published at shtfplan on July 31st, 2016.