A wise man once said that if you need to take viagra to have sex, you need to know you have a low libido.

And if you need to pop a second pill, you need to know you’re dead.

That’s how I feel about the global economy at the moment.

We’ve been in a significant downturn lately, with all the flashing lights indicating that we’re heading for even more.

Look around: Germany’s headed toward a recession. Italy’s already there. The retail and financial sectors have been underperforming for months. Home construction peaked two years ago. RV sales have come crashing down. And we’re at a critical point in the stock markets, created by falling bond yields, a weak economy.

We’re in the dead zone, with massive government stimulus and still more planned. Trump is already talking about payroll tax cuts. That’s the one thing they haven’t done yet.

Something’s got to give. We’ll either break out of this to the past highs of July, or plummet down to the lows of early June.

I’m afraid to hold my breath.

Harry Dent: Accept the Debt & Move On

No matter how much we stimulate the economy it’s just going to get weaker, says Harry Dent. Watch now to get his recap on the week’s financial news & why he thinks we’re at a critical point in markets. Check out Harry’s latest bestseller, Dark Window, here: https://pro.dentresearch.com/m/1142369

Posted by Economy and Markets on Friday, August 30, 2019

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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.