Harry Dent Rants About The World Economy (Depression, Innovation, Bubbles, Real Estate)

Jason Hartman and Harry Dent discuss what’s going on in the world and how it affects real estate and the economy at large. Dent explains why the novel coronavirus is just an excuse used to cover the inevitable: while recessions cause a sudden economic collapse, COVID-19 is causing an abrupt crash. There are many benefits to all of this if you are prepared and know how to react to it, keeping in mind that it will pass. Dent says, “this is the greatest bubble in history; and bubbles burst!”

Topics Covered:

1:42 – Why We’re in a Depression Right Now
7:54 – The Pause That Refreshes: Remote Innovation
11:36 – Government Does Not Drive the Economy
14:34 – Bitcoin and Cryptocurrencies
18:04 – Inflation and Deflation
23:39 – Asset Inflation Vs Consumer Inflation
26:48 – The Rise of Suburbia: Migration from High Density Areas
30:53 – High-end Commercial Real Estate Gets Hit the Hardest
33:46 – Change Makes Things Better if You Are Prepared

Grab a free training on pandemic investing: https://www.pandemicinvesting.com/turn-panic-into-profit

Learn More: https://www.jasonhartman.com/

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