Every time we have a major collapse in stocks, real estate, commodities or even tulips, experts declare the crash a Black Swan event - rare and unpredictable. "Oh, that was more than three standard deviations from the norm," they'll say...or something equally ridiculous.

In layman's terms, that means they simply don't have a clue about what's going on! You don't get a major bubble burst without a bubble building first! Yes, major crashes are rare, but they're anything but unpredictable.

Learn how Harry created his first ever Bubble Model to predict such major crashes in the bonus Chapter: The First Bubble Model

 

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About the Author

Harry S. Dent Jr. studied economics in college in the '70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes.

Since then, he's spoken to executives, financial advisors and investors around the world. He's appeared on "Good Morning America," PBS, CNBC and CNN/Fox News. He's been featured in Barron's, Investor's Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business's "America's Nightly Scorecard."

Harry has written numerous books over the years. In his book The Great Boom Ahead, published in 1992, he stood virtually alone in accurately forecasting the unanticipated boom of the 1990s. That same year he authored two consecutive best sellers: The Roaring 2000s and The Roaring 2000s Investor (Simon and Schuster).

In The Next Great Bubble Boom, he offered a comprehensive forecast for the following two decades. In The Great Depression Ahead, he outlined how the next great downturn is likely to unfold in three stages, with an interim boom stage between 2012 and 2017 before the long-term slowdown finally turns into the next global boom in the early 2020s.

In The Great Crash Ahead (2011), he outlined how the next great crash would unfold, explaining why there was nothing the government could do to protect us as deflation infiltrated the economy.

He published his resource, Spending Waves: The Scientific Key To Predicting Market Behavior for the Next 20 Years, an information-packed guide for any serious business owner, in 2013.

And in his most recent bestseller, The Demographic Cliff (2014), Harry revealed why America is facing a "great deflation" after five years of desperate stimulus — and what investors need to do about it now.

And Harry has just published his latest bestselling book, The Sale of a Lifetime: How the Great Bubble Burst of 2017-2019 Can Make You Rich.