“The Greatest Stock Market Collapse since the Great Depression”, is Harry Dent accurate is his predictive analysis or is he jumping the gun?

2015-06-07T11:55:31-04:00

IF and I mean a big IF this happens, what are you doing personally doing to safeguard you and your families? Please read through this article and let me know your thoughts. I don't want to be an Alarmist, but I truly want to do my part to help others not get devestated like we have in the past. Planning is the key to any battle and with that planning several courses of action!

http://economyandmarkets.com/exclusives/greatest-stock-market-collapse-great-depression/?z=362238

Economist Predicts: “The Greatest Stock Market Collapse since the Great Depression”. | Economy...

The man who called nearly every major economic trend over the past 30 years…including the 1991 recession, Japan’s lost decade, the 2001 tech crash, the bull market and housing boom of the last decade and, most recently, the credit and housing bubble hasissued a startling new prediction.

Response by SPC Jan Allbright, M.Sc., R.S. made Jun 7 at 2015 12:00 PM

2015-06-07T12:00:16-04:00

not to hunt the TailBlazer ..

This guy is no wizard.
http://www.cbsnews.com/news/harry-dent-and-the-chamber-of-poor-returns/

Harry Dent and the chamber of poor returns

Harry Dent sells a great deal of books, despite his inaccurate forecasts

Response by SSG Private RallyPoint Member made Jun 7 at 2015 12:13 PM

2015-06-07T12:13:05-04:00

The best hedge against an economic collapse is knowing how to properly cultivate your own fruits and vegetables and knowing how to hunt. Throw in learning how to make your own ammo and purify your own water and you can't go wrong. I use to worry about the American economy failing, but then I realized what is it all for? It's meant to create a more efficient way of society, to help people specialize in their trades, and to spread risk across multiple layers. In the event of a giant market crash, the only thing that really matters is surviving day to day..

These crashes are to be celebrated versus feared. They create far more opportunity than people are willing to admit.

Response by SGT Michael DeLaGarza made Jun 7 at 2015 12:16 PM

2015-06-07T12:16:07-04:00

The Market is currently supported by the Government and their daily Bond auctions and printing more and more money. The market never recovered. If it had we would not be at zero percent interest fed funds rate. Do not believe all the hype.