Housing Bubble Pop and Stock Market Crash Coming 2015 – 2017
Radio host and economist, that predicted the 2008 financial crisis and housing crash, Harry Dent discuss the next financial crisis, a crash coming in 2015 – …
Video Rating: 4 / 5
Radio host and economist, that predicted the 2008 financial crisis and housing crash, Harry Dent discuss the next financial crisis, a crash coming in 2015 – …
Video Rating: 4 / 5
Harry Dent was fairly dogmatic about the crash starting in 2013. He’s
likely correct but not good at timing. I wish Alex would put on Martin
Armstrong who’s confidence interval peaks in 2015 with a decline into 2016
and another decline into 2020.
He has said the same thing for 15 years. There will always be bubbles
stupid, its capitalism. Gives him something to talk about I guess. how bout
that terrible tulip bubble..hahahahaha
The beggining of this video makes sense, but it os not the root of the
problem. The problem are NOT the immigrants. They are a symptom of global
poverty, not a cause. Listen carefully, the real reason for the global
crisis and this bubble economy is that the US are not producing as they
used to and are consuming more than they did before, thanks to the dollar´s
reserve currency status. It´s like “OK, I have the money printer that works
worldwide and I rule the financial system, so I will use it to my favor”.
It works on a short period but for the long term, it is going to end VERY
UGLY for the USA and the rest of the world. Russia´s actions are there to
support my words. The dollar is at a great risk.
Dent keeps changing the drop dead date… either call it and stick with it,
or admit that the demographic model is void. I could flip a coin and be as
accurate as he’s been since 2000.
Interestingly both the Sumerians and Chinese as well as Kondratiev use the
cycle of 60.
There are big problems with what Harry Dent and Alex Jones are saying. The
US economy would collapse if ICE [Immigration and Customs Enforcement]
accomplished their ostensive mandate. We are entirely dependent on an
immigrant labor force to have an affordable food supply, for one. “We
literally get the dregs,” said Jones. Not at all. We largely get the
desperate, those made desperate by odious US foreign policy which includes
coups, gun shipments, and drug policy that strengthens drug kingpins while
keeping major US banks awash in laundered drug money. The deal with the
militarized border is a giant subsidy to US corporations. You know it
wouldn’t be there were it not to the preference of the corporations, and
neither would the strategic “leakiness” of the border. Having a workforce
they can intimidate, threaten with deportation, cheat of their wages, and
use to keep wages down is all to their liking, and they have the final say
on US policy, foreign and domestic.
What Dent advocated as what occurs in Australia and Canada has been going
on here, too, and continues to be pursued as standard immigration policy
here; it’s called the “brain drain” – let other countries pay for the
education and development of important skills and then lure the best
educated away. The country that loses these young people had greater need
of these skills than we do, and the employers here want them because they
figure they can pay them about 2/3s of what they would have paid a US
graduate with a similar skill set. Consequently, we have huge numbers of
young people emerging from college heavily in debt only to find a paucity
of job opportunities.
Yet another corrupt aspect of standard immigration policy here is to give a
“go to the head of the line” red carpet treatment to immigrants with
substantial wealth. There’s scant investigation as to how that wealth was
garnered. Two probable answers if the question were asked: [1] Exploitation
of their fellow countrymen and women in their native land or [2]
inheritance of wealth from someone disposed to exploitation of others. It’s
a near certitude that their plans include exploitation of Americans and/or
fellow immigrants once they’re ensconced here. The policy makers are the
“dregs”.
How about legalizing and taxing the drugs coming from Mexico thus
increasing the tax base?
At present vast amounts are, no-doubt, lining the pockets of police,
politicians and banksters.
Any moron should see the coming crashes!