Author: Harry S. Dent
Publisher: Free Press; 1 edition (January 6, 2009)
Average Rating: 3.5 star
The Great Depression Ahead is a book written by Harry S. Dent Jr. The author is a renowned economist who is famous for predicting future market events with unparalleled accuracy. The name Harry S. Dent Jr. almost always leads to discussions about how accurate his predictions of events can be in an unpredictable and difficult market. He is a bestseller author and has many followers who believe in his analysis strategies and prowess.
In his book, Dent boldly predicts the future of the American economy. His predictions are not the best and the most favorable but seeing his experience with predicting the future of stock markets, they may not be wrong. The only way to find out is to wait for things to occur.
He analyses the patterns observed in the past and bases his future predictions based on those same patterns. The book is highly pessimistic in the sense that all of the predictions described in the text are hinting towards a major breakdown followed by slow growth. However, it is food for thought for the reader who can debate the various facts described with unblemished accuracy.