US economist makes chilling prediction
for 2024 - warning of 'biggest crash in
our lifetimes' as 'everything bubble' bursts
Daily Mail (UK),
by
Isabelle Stanley
Original Article
Posted By: Imright,
12/24/2023 7:32:45 PM
An economist has warned that an 'everything' bubble is going to burst next year prompting the 'biggest crash in our lifetimes.'
Harry Dent claims the effects of the crash will 'be obvious' by May and will slow the economy for over a decade.
He told Fox Digital: 'If I'm right, it is going to be the biggest crash of our lifetime, most of it happening in 2024'Since 2009, this has been 100 percent artificial, unprecedented money printing and deficits; $27 trillion over 15 years, to be exact. This is off the charts, 100 percent artificial, which means we're in a dangerous state.'
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Reply 1 - Posted by:
heartlandmom 12/24/2023 8:14:21 PM (No. 1623690)
But hey, Merry Christmas!
21 people like this.
Reply 2 - Posted by:
LC Chihuahua 12/24/2023 8:32:49 PM (No. 1623697)
Wouldn't rule it out. It's an election year plus there are forces out to destroy us.
32 people like this.
Reply 3 - Posted by:
Safari Man 12/24/2023 8:38:50 PM (No. 1623701)
I actually believe it’s coming. Only problem is Dent has been saying the same thing for years so its bit of crying wolf.
29 people like this.
Thank you so much, Chicken Little.
11 people like this.
Reply 5 - Posted by:
Northcross 12/24/2023 10:01:13 PM (No. 1623724)
So is it all going to happen according to plan?
14 people like this.
Reply 6 - Posted by:
formerNYer 12/24/2023 10:03:48 PM (No. 1623725)
The commercial real estate market on the west coast is dead and close to bankruptcy. The lying, criminal news media of this country are hiding it. If Trump was president it would be on the news every day. Except, if DJT was POTUS it wouldn't have happened.
28 people like this.
Reply 7 - Posted by:
DVC 12/24/2023 10:27:21 PM (No. 1623729)
Maybe, maybe not. I'm ready for either outcome. Got over 50% in cash and fixed investments, the rest in equities. So....either way, we should be OK. This is called "careful financial planning" for very uncertain times.
15 people like this.
Reply 8 - Posted by:
DVC 12/24/2023 10:57:32 PM (No. 1623742)
Merry Christmas to everyone here at Lucianne....posters and the staff.
45 people like this.
Reply 9 - Posted by:
EJKrausJr 12/24/2023 11:00:49 PM (No. 1623745)
Greenspan deja vu 2.0 only worse. Arm yourself, it's going to be really hard times. Protect what you have.
14 people like this.
Reply 10 - Posted by:
chumley 12/24/2023 11:01:01 PM (No. 1623746)
This has been predicted by every other economist for twenty years. Usually they are selling something. They havent been right yet. Remember those free videos where they spent the 1st ten minutes telling you how right they are, but never getting to the point? So you finally back out and it doesn't want to let you? This reminds me of that.
11 people like this.
Reply 11 - Posted by:
voxpopuli 12/24/2023 11:06:13 PM (No. 1623750)
anyone.. ANYONE but Harry Dent..
he was right ONCE in his miserable life
and WRONG the next 35 times..
i think i'll go long after hearing this..
10 people like this.
Reply 12 - Posted by:
Catherine 12/24/2023 11:08:01 PM (No. 1623751)
I remember the '60's, when I was a teen, the fear of Russia launching missiles at us and killing us all. People built bomb shelters. For some reason, I'm reminded of this with all the hype about nuclear war, Russia (again) and China. It may be more real this time but I'll just wait and see how it goes.
15 people like this.
Reply 13 - Posted by:
whyyeseyec 12/25/2023 12:00:16 AM (No. 1623758)
The Bubble pretty must crashed the moment the 2020 election was stolen for Biden.
16 people like this.
Harry Dent is a con man.
Dona brief Google about how bad his predictions are.
https://www.cbsnews.com/news/harry-dent-and-the-chamber-of-poor-returns/
7 people like this.
Reply 15 - Posted by:
smokincol 12/25/2023 12:36:46 AM (No. 1623767)
if!! it happens .... it will be a fitting end to 4 years of complete boondoggery and
- it all could have been avoided ..... and
- we all know how and
- we all know why
9 people like this.
Reply 16 - Posted by:
Trigger2 12/25/2023 12:47:43 AM (No. 1623770)
It wouldn't surprise me. Thanks Joey & your enabling demonrats.
9 people like this.
Reply 17 - Posted by:
JimBob 12/25/2023 12:55:49 AM (No. 1623775)
Crying Doom and Gloom.
Well, I guess that's one way to get your name in the paper.
7 people like this.
Reply 18 - Posted by:
mifla 12/25/2023 6:07:41 AM (No. 1623805)
I don't know if he is right or wrong. I do know that we have be fiscally irresponsible for too many years and eventually that catches up with you.
5 people like this.
Reply 19 - Posted by:
Strike3 12/25/2023 6:11:05 AM (No. 1623808)
We know who laid the foundation for it and we know where he lives.
6 people like this.
Reply 20 - Posted by:
Rama41 12/25/2023 6:46:41 AM (No. 1623821)
Another financial guru who's predicted 10 of the last 2 recessions.
10 people like this.
Harry Dent reminds me of a volcanologist who was a big deal after a volcanic eruption happened as he predicted. It was said about that volcanologist that he had predicted 10 of the last 2 volcanic eruptions. Harry Dent does not appear to be even that accurate at economic predictions.
3 people like this.
Reply 22 - Posted by:
Quigley 12/25/2023 8:40:27 AM (No. 1623875)
dent has been predicting economic catastrophe sine the 1980s. I thought his analysis is interesting. But how do you take actionable decisions? He is just one of many many voices. I suppose it's good to listen to a doom and gloom story from time to time. But you can't go get in the bomb shelter and wait.
4 people like this.
Reply 23 - Posted by:
franq 12/25/2023 8:56:42 AM (No. 1623881)
While economic collapse is always possible, I think a bigger concern is the forced implementation of digital currency. You think it's bad now?
6 people like this.
Reply 24 - Posted by:
Strike3 12/25/2023 12:05:51 PM (No. 1623984)
The only expert that I believe is Krugman. He's smart enough to write for the New York Times.
0 people like this.
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