After the Roaring '20s came the Great Depression. After the Roaring 2000s came the Great Recession. We're w entering the winter season of the 80-Year Four Season Ecomic Cycle. It's during this season that we'll clear the decks with a devastating crash and debilitating deflation. The ecomy and markets will shed the excesses created during the preceding fall bubble boom season and prepare the soil for new blossoming in invation and a spring boom. After the blustering bull market of 2009-2015, we are w preparing for a shakeout more painful than anything we've seen before.
Harry S. Dent, Jr., is the bestselling author of The Demographic Cliff, The Great Depression Ahead, and many other books. He is the founder of Dent Research, which publishes the newsletters Economy & Markets, Boom & Bust, and The Leading Edge, among many others. He has an MBA from Harvard, was a consultant for several Fortune 100 companies while at Bain & Company, and lectures widely. He lives in San Juan, Puerto Rico.