Econintersect: Harry Dent discussed his new book “The Demographic Cliff” in an interview on FX Street 13 January 2013. He envisions a new financial crisis arriving later this year. He sees the U.S. stock market crashing over the next 2-3 years to levels lower than the bottom of March 2009. He also sees China undergoing a major bubble bursting. Dent says:
“The rich are too rich and we need a major reset.”
Video can be viewed after the Read more >> jump.
The following interview of Harry Dent by Dale Pinkert at FX Street.com runs for 24 minutes. There is a technical failure for 35 seconds starting about 4:05 and another shorter “blank”.
Hat tip to John O’Donnell. See also John’s interview of Harry Dent at GEI News.
Source:
Harry Dent, guest in the Live Analysis Room (fxstreet.com, 15 January 2014)