In this, the second week of February, we got news that the Federal debt just hit $22 trillion!

Can’t say this is news to us.

The Federal debt has been doubling about every two administrations (about every eight years): $5 trillion to $10 trillion under President Bush… $10 trillion to $19 trillion under Obama.

If this trend continues (and it looks like it’s well on track to do so), that would mean, for the term after this one, we could see Federal debt at $36 trillion to $40 trillion.

And that’s whether or not Trump gets a second term.

How is that possible?

I tell you in today’s video. Watch now…

Consumer debt is also at record levels, at $13.5 trillion!

Auto loans have surged past mortgage loans… and subprime has made a comeback, this time in the auto lending industry. It seems lenders learned something from the mortgage crisis… but not much.

Guess how many car loans are already in default… and we’re not even in a recession yet?

Student loans are seeing increasing numbers of default as well…

Listen to today’s video for all the shocking details.

Harry
Follow me on Twitter @harrydentjr 

P.S. This building debt crisis is worrisome. It’s leading us down the path to the great reset I’ve been calling for. But we’re still about a year our before these dominoes trigger the end. Before then, we’ll enjoy a Dark Window opportunity in the stock market. Make sure you don’t miss it. And then stick with us to protect yourself from the downside when things start to turn bad into 2020.

New Update on the Markets!

Harry Dent shares details on his latest prediction for the markets and the new dangers that lie just ahead for Americans:   “This is no longer a question of ‘if,’ but simply a… Read More>>
Harry Dent
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.” In his latest book, Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage, Harry Dent reveals why the greatest social, economic, and political upheaval since the American Revolution is on our doorstep. Discover how its combined effects could cause stocks to crash as much as 80% beginning just weeks from now…crippling your wealth now and for the rest of your life. Harry arms you with the tools you need to financially prepare and survive as the world we know is turned upside down! Today, he uses the research he developed from years of hands-on business experience to offer readers a positive, easy-to-understand view of the economic future by heading up Dent Research, in his flagship newsletter, Boom & Bust.