Author: Harry S. Dent Jr.
Publisher: Portfolio; Reprint edition (August 25, 2015)
Average Rating: 4.0 star
The Demographic Cliff is a book written by Harry S. Dent Jr. who is a renowned economist with tons of experience in predicting future market events. In fact, the name Harry S. Dent Jr. will almost always lead to discussions about his strangely accurate predictions of events in a market which is so notoriously unpredictable!
In his latest book, The Demographic Cliff, Dent discusses how inflation has affected the American economy and is going to hit other countries as well in future. He also states that demographics remain an important determinant of the future of any economy and using the same, makes some highly controversial predictions as well. The book also raises some points on current government strategies and what their impact on the future of the economy is. For instance, the book talks about how the American maternity leave policy discourages population growth which in turn, has an effect on the overall economy of the country. The book discusses how the economy can possibly crash again in the year of 2019 and the government requires to make changes in their current policies to prevent the drastic outcome.
The book also gives its readers some personal advice on choosing policies, investments and more.