Download The Demographic Cliff: How to Survive and Prosper During the Great Deflation of 2014-2019 AudioBook Free
Best-selling publisher and financial expert Harry Dent shows why we're facing a "great deflation" after five years of eager stimulus - and what to do about any of it now. Throughout his long profession as an monetary forecaster, Harry Dent has relied on a not-so-secret tool: demographics. Studying the predictable things people do as they age is the best tool for understanding fads. For instance, Dent can inform a customer exactly when people will spend the most on potato chips. And he is able to make clear why our overall economy has risen and dropped with the peak spending of generations, and why we now face an evergrowing demographic cliff with the accelerating retirement life of the infant Boomers surrounding the world. Dent forecasted the impact of the Boomers reaching their highest development in spending in the 1990s, when most economists found america declining. And he anticipated the drop of Japan in the 1990s, when economists were proclaiming it could overtake the U.S. overall economy. However now, Dent argues, the fundamental demographics have turned against america and will hit more countries ahead. Inflation rises whenever a larger than usual block of younger people go into the labor force, and it wanes when large numbers of older people stop working, downsize their homes, and minimize their spending. The mass retirement life of the Boomers won't just hold back inflation; it and large debt deleveraging will actually cause deflation - weakening the overall economy the most from 2014 into 2019. Dent explores the implications of his controversial predictions. He offers advice on retirement life planning, health care, real property, education, investing, and business strategies. Dent shows that invest the the time to comprehend demographic data, deploying it to your advantage isn't all those things difficult. By pursuing his ideas, listeners will be able to find the upside to the downturn and learn how to make it through and prosper during the most challenging years ahead.
