Creating Wealth Real Estate Investing With Jason Hartman

CW 722 – Harry Dent – How to Profit from The Demographic Cliff

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Sinopse

Today’s guest, Harry Dent is the author of multiple financial books designed to help you keep your wealth. Harry predicts an upcoming deflationary period followed by a huge debt bubble burst in the US. He wholeheartedly agrees with Jason and says the everyday house is where your money should be if you are a real estate investor. The uber rich and the Chinese will be the losers in this economic downturn and Wall Street will slide under 6000 and Shanghai will hit 1000. Harry says the market needs a cleansing because without it the markets will falsely re-inflate themselves for the sixth time. Hold on tight investors times they are a changin’.   Key Takeaways: Harry Dent Guest Interview: [5:07] Something for nothing is an unattainable goal. You can’t just print free money! [6:10] Why doesn’t the US have significant inflation with the exorbitant amount of money creation? [7:48] In the US from 1983 to 2008, private debt peaked at 42 trillion. The debt had grown for 25 years at 2.5 times faster than the GDP! [11:02