Over $100 Trillion in Wealth Will Disappear -Harry Dent & Greg Hunter Video | Economy:
"Best-selling author Harry Dent says the stock bubble we have today is the biggest in history.
Dent contends, “Now we’re in a third bubble, and each of these bubbles peaks at higher highs, and then they each crash to lower lows.
We’ve been looking for the Dow to peak right around here between 17,000 and 19,000. So, we are right in the middle. We are looking for an even bigger correction likely in late 2016 to 2017.
This whole thing has been in an artificial bubble. . . . We’d be in a depression right now if it were not for $11 trillion or $12 trillion free money printed out of nowhere.
So, this is an artificial environment, and this has never happened before. The charts look to me that we are at a top, or after a 20% correction, a top later this year.”
On the U.S. dollar, Dent says, “It’s already had an incredible run, and we have been predicting in our newsletter that the dollar would step back after hitting about 100 on the dollar index.
Dent goes on to say, “I think the crash is finally going to start this year, but it will be at its worst in late 2016 early 2017. . . "
Full Interview Here!
'via Blog this'