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IPFS News Link • Future Predictions

Economist predicts 2024 will bring "biggest crash of our lifetime" to U.S. markets

• Natural News - Ethan Huff

End-of-the-world doomsday predictions are a dime a dozen these days, but Harry Dent of the HS Dent Investment Management firm is pretty sure that 2024 will finally be the year that the over-inflated United States bubble markets collapse.

According to Dent, who appeared on Fox Business this week to discuss his predictions for 2024, the money printing madness that has been occurring since 2009 will eventually take its toll like never before in history.

"Since 2009, this has been 100 percent artificial, unprecedented money printing and deficits: $27 trillion over 15 years, to be exact," Dent said. "This is off the charts, 100 percent artificial, which means we're in a dangerous state."

"I think 2024 is going to be the biggest single crash year we'll see in our lifetime. We need to get back down to normal, and we need to send a message to central banks. This should be a lesson I don't think we'll ever revisit. I don't think we'll ever see a bubble for any of our lifetimes again."

(Related: To make housing more affordable for everyday Americans, some Democrats want to ban hedge funds from the housing market since the wealthy are using houses as stock holdings, which is driving up prices and increasing homelessness.)


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