I recorded this video at our Irrational Economic Summit this year but decided to only share it today because I wanted to see how the midterms shook out.

They shook out as I expected.

So, today’s a good day to talk to you about the acid test for any economy in the world.

Dr. Lacy Hunt is one of my favorite classically trained economists, and yet he really understands the economy, which is why we ask him to speak at our conference every year.

He understands how debt bubbles build and how they deleverage.

He’s not one of those heads-in-the-clouds, never-had-sex kind of economists! He genuinely gets it.

And he always wows the audience!

He is the creator of this acid test and it offers an incredibly disturbing insight into the economy right now. Listen to my latest video for the details…

And then look out for an email from me soon on how third world economies are faring on this acid test.

Follow me on Twitter @harrydentjr

How to Prep Your Retirement Savings for 2020

“This is no longer a question of ‘if’ but simply a question of ‘when.’” Harry Dent opens up about his latest forecast for 2020 and how a number of factors could lead… 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.