What are nostriches' thoughts on Harry Dent and his predictions?
Discussion
One can hope
I didn’t open it. Probably all makes sense but at this stage the pension scheme is supported by the S&P500 and Housing. They can get retracements, but expectations of it dropping by 50% means extreme social unrest só before that the printers will start to print as soon as something is detected. Normality/Status Quo will remain the same but people will wonder why things are 30% more expensive
i started watching mark moss who is also on youtube. i think mark said harry always says there is going to be a crash but there rarely is. Mark believes in austrain economics but he said the liquidity and strategy of us fed will result in a crash up of money printing rather then a crash down.
Prices will get more expensive so investments will appreciate a lot also. Mark also said for every 10% in global liquidty etherium goes up 15x in price if i remember correctly.
Good to have inflation proof assets.
Natalie Brunell recently interviewed a real estate analyst from Texas, worth a listen. That interview was full of fact based info not hyperbole like Dent. Likely no collapse coming imho except possibly commercial which has been cratering already in a lot of places.