Monday 24 January 2011

The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History



The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History
Harry S.Dent | 2008-01-01 00:00:00 | Free Press | 366 | Finances and Money
Are you prepared for the next great crash ahead? Wouldn’t it be nice to be able to predict the key economic trends that will impact your life, your business, and your investments over the rest of your lifetime? Of course we would like to be able to predict all of these trends and have greater predictability and control over our lives. But what would any reputable economist tell you? No one can predict any major events or trends past the next election or Federal Reserve policy change, as we live in an ever-changing world with increasing complexity. “If a butterfly flaps its wings in Tokyo, we could get a hurricane in the Caribbean!” That’s their interpretation of “complexity theory”—which misses the point of how that new theory actually increases the predictability of chaotic processes.
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