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Harry Dent, Founder of HS Dent, says a ‘massive’ wipeout is underway once markets hit this critical level. He spoke with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, about how this crash will affect a variety of asset classes, and which nation will emerge as the dominant superpower.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Harry Dent on Twitter: @HarryDentjr (https://twitter.com/HarryDentjr)
0:00 – Prior predictions and current data
5:01 – Massive wipeout when this happens
6:48 – Policy reactions
9:21 – Why the NASDAQ?
10:21 – Anatomy of crash
14:52 – Fed decisions
22:12 – Benefits of recession
24:36 – China and India
30:59 – Gold
35:44 – Bitcoin and crypto
43:04 – Demographics and economic growth
47:18 – Investment implications
#gold #stocks #bitcoin
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