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Top economist Harry Dent is warning Americans that a financial “crash of a lifetime” is looming in the United States.
In an interview with Fox News Dent warned that the entire financial sector is in a bubble that has yet to burst.
Dent warned, “In 1925 to ‘29, it was a natural bubble. There was no stimulus behind that, artificial stimulus per se. So this is new. This has never happened.”
“Flooding the economy with extra money forever might actually enhance the overall economy long-term. But we’ll only see when we see this bubble burst,” added Dent.
Economist Harry Dent predicts stock market crash worse than 2008 crisis: The ‘bubble of all bubbles’https://t.co/3fuGyo4Mwm
— FOX Business (@FoxBusiness) June 10, 2024
Economist Harry Dent stands by his “crash of a lifetime” forecast, predicting a market downturn surpassing the 2008 recession. He labels the current situation the “Everything” bubble, poised to burst with severe impacts. #MarketBubble
Dent criticizes the prolonged economic… pic.twitter.com/IH6inWmRC4
— Bullteeth (@Bullteeth) June 10, 2024
Here’s what New York Post:
Harry Dent, the outspoken financial author and economist, isn’t reversing course from his bold “crash of a lifetime” declaration this past December.
Speaking in an updated interview with Fox News Digital, Dent cautioned that the “everything” bubble has still yet to burst, and it may be a bigger crash than the Great Recession.
“In 1925 to ‘29, it was a natural bubble. There was no stimulus behind that, artificial stimulus per se. So this is new. This has never happened,” Dent said on Tuesday. “What do you do if you want to cure a hangover? You drink more. And that’s what they’ve been doing.”
“Flooding the economy with extra money forever might actually enhance the overall economy long-term. But we’ll only see when we see this bubble burst,” he added. “And again, this bubble has been going 14 years. Instead of most bubbles [going] five to six, it’s been stretched higher, longer. So you’d have to expect a bigger crash than we got in 2008 to ’09.”
I've been saying the Left wants Trump to win because the Biden recession is coming. They want to hang it on Trump and use that to win the 2026 midterms.https://t.co/2OdUoHKvGT
— Bill Mitchell (@mitchellvii) June 10, 2024
Check out what Fox Business reported:
Harry Dent, the outspoken financial author and economist, isn’t reversing course from his bold “crash of a lifetime” declaration this past December.
Speaking in an updated interview with Fox News Digital, Dent cautioned that the “everything” bubble has still yet to burst, and it may be a bigger crash than the Great Recession.
“In 1925 to ‘29, it was a natural bubble. There was no stimulus behind that, artificial stimulus per se. So this is new. This has never happened,” Dent said on Tuesday. “What do you do if you want to cure a hangover? You drink more. And that’s what they’ve been doing.”
“Flooding the economy with extra money forever might actually enhance the overall economy long-term. But we’ll onl
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