The Demographic Cliff Deluxe: How to Survive and Prosper During the Great Deflation of 2014-2019 Author: Harry S. Dent Jr. | Language: English | ISBN:
B00GAH3QQC | Format: PDF
The Demographic Cliff Deluxe: How to Survive and Prosper During the Great Deflation of 2014-2019 Description
The Deluxe Edition of The Demographic Cliff includes over 50 minutes of exclusive video of Harry S. Dent, Jr. discussing each chapter in-depth with his trademark insight, knowledge, and passion.
Bestselling author and financial guru Harry Dent shows why we're facing a decade-long “great deflation”—and what to do about it. Throughout his long career as an economic forecaster, Harry Dent has relied on demographics—the ultimate tool for predicting both big and small trends, decades in advance. Now he explains what’s going to happen to our economy with the accelerating retirements of the Baby Boomers.
Inflation rises when a larger than usual block of younger people enter the workforce, and it wanes when large numbers of older people retire, downsize their homes, and cut their spending. The mass retirement of the Boomers won’t just hold back inflation, it will actually cause
deflation—with a downturn and periodic crises from 2014 until about 2023.
Dent explores the implications of his controversial predictions for retirement planning, healthcare, real estate, education, investing, and business strategies. His advice will help readers survive and prosper during the challenging years ahead.
- File Size: 333630 KB
- Print Length: 368 pages
- Publisher: Portfolio (January 7, 2014)
- Sold by: Penguin Group (USA) LLC
- Language: English
- ASIN: B00GAH3QQC
- Text-to-Speech: Enabled
X-Ray:
- Lending: Not Enabled
- Amazon Best Sellers Rank: #25,750 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
- #12
in Kindle Store > Kindle eBooks > Business & Money > Economics > Economic History - #23
in Kindle Store > Kindle eBooks > Business & Money > Economics > Economic Conditions - #40
in Books > Business & Money > Economics > Economic History
- #12
in Kindle Store > Kindle eBooks > Business & Money > Economics > Economic History - #23
in Kindle Store > Kindle eBooks > Business & Money > Economics > Economic Conditions - #40
in Books > Business & Money > Economics > Economic History
This is a very significant book and I would recommend that everyone read it. Unfortunately, in my opinion, the author digresses significantly and often into topics for which he demonstrates very little expertise. I was frustrated and found myself skimming about 40 percent of this book as trash. The other 60 percent was very important and worth it at twice the price. Definitely a recommend, but with the qualification that you be patient and be willing to skip through portions of the book.
Mr. Dent does a fabulous job as a demographer and the work he shows is exceptional. He presents one of the strongest cases I've ever seen for future economic cycles...I think everyone should be armed with this evidence and decide how best to use it. I was so pleased with such a solid fundamental approach to the world's economic situation.
Now the bad:
Covers topics like sunspots' effect on the US stock market; paints inflation only in the context of dollar value vs. other currencies; delves into politics and oversimplifies (and misrepresents) the positions of various parties; discusses environmental disaster and mischaracterizes the science; He gets way too far into the weeds. He should have stuck with the primary thesis of his book.
I'm sorry if that sounds harsh, but this guy comes off as a know-it-all and quite narcissistic. I would fire the editor and publisher for letting this book go so far astray.
With the negatives said, the core of this book is fantastic and I expect the science behind his demographics is solid. I am quite glad to recommend this book and I am very happy that I purchased it. This book provides so much insight into the economic cycles and where we are headed from here for the next 20 years or so.
I've always enjoyed Harry Dent but reminded myself to take him and other prognosticators in the realm of Armageddonomics with a grain of salt. This book is another detailed list predictions, albeit better researched than his other works and in the end, probably more accurate.
The author forecasts for the global economy with a focus on implications for America, particularly as we scrape through the current fiscal mess with 77 million baby boomers on the verge of entering what they thought would be their golden years. Dent does not spend time opining as to the root causes as to why demographic pressures have come to bear, be they social, political, religious or other normative variations, but he makes a detailed analysis of the alarming ice berg approaching world economies. Simply put, the birth rates of the most developed economies are being outstripped by their multiplying elderly population, and this will make for a smaller work force, less productivity and catastrophic economic impact that no population is prepared to accept. Everything from anticipated amounts that young consumers spend to the age at which they expect to retire is about to get a major readjustment, like it or not. He even claims that in Japan, adult diapers are outselling infant diapers. In another, he claims research shows that 35% of young Japanese men are no longer interested in sex out of paranoia of getting their wives/girlfriends pregnant and raising a child they cannot afford. I guess condoms are super-expensive in Japan nowadays. Um, ok; we get it, Harry, but unless that statistic can be backed up somehow it's really unnecessary and reeks of hyperbole.
The Demographic Cliff Deluxe: How to Survive and Prosper During the Great Deflation of 2014-2019 Preview
Link
Please Wait...