I saw his interview as well, he has alot of good points...hard times are ahead, no doubt..the credit bubble has exploded.
take a look
http://www.thestar.com/Business/article/590078
take a look
http://www.thestar.com/Business/article/590078
Here is a link to the actual Harry Dent article:
http://news.sympatico.msn.ctv.ca/abc/home/...reat_depression
http://news.sympatico.msn.ctv.ca/abc/home/...reat_depression
QUOTE (Charly @ Feb 19 2009, 11:43 AM) Did anyone read about Harry Dent`s talks to CTV. He made some interesting comments about what the next 5 years holds for this country. Bottom line, sell everything in 2009.
Mr. Dent has been perdicting for years. His general trend has been good but his targets have been vastly overestimated. His perdiction of a dow of 40,000 was`nt close but the uptrend was correct. His house boom was also correct. Weather it goes down to 2000 levels remaines to be seen. If it is like his perdiction ofthe DOW he has overstated the decline. He has been perdicting peak spending of the babyboomers since 1985 peaking around 2010. I think his perdiction is the worst case senerio while REIN has the best case senerio. Who knows? Maybe something in the middle for Alberta.
Mr. Dent has been perdicting for years. His general trend has been good but his targets have been vastly overestimated. His perdiction of a dow of 40,000 was`nt close but the uptrend was correct. His house boom was also correct. Weather it goes down to 2000 levels remaines to be seen. If it is like his perdiction ofthe DOW he has overstated the decline. He has been perdicting peak spending of the babyboomers since 1985 peaking around 2010. I think his perdiction is the worst case senerio while REIN has the best case senerio. Who knows? Maybe something in the middle for Alberta.