Did you know that the major leading indicator of the great 2008/9 financial crisis was real estate? In fact, real estate has played a significant role in the majority of economic and financial crisis of the last three centuries.

The real estate bubble peaked in early 2006… way before the stock market bubble peaked in late 2007 and the economy went into recession in 2008. When things began melting down, the Fed stepped in and pumped the bubble back up. We’re now going on $16 trillion of global money printing to offset the depression. And remember, as I wrote recently, our GDP growth has been slightly worse than it was during the actual Great Depression of the 1930s, even while stock markets are at all-time highs!

It’s happening again. The deceleration of home prices – particularly in major cities like Manhattan and San Francisco – is alarming. Next thing you know, they’ll be dropping. The market is clearly shifting, so I give you the details in today’s video. Watch it now.

WATCH NOW >>

Harry

The Truth Exposed: The Future of the Markets & Your Wealth

During this ground-breaking FREE presentation, controversial economist and bestselling author Harry Dent will deliver the hard truth about our economy that you'll never hear in the mainstream media... Read More>>
Harry Dent
Harry studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of the profession that he turned his back on it. Instead, he threw himself into the burgeoning New Science of Finance, which married economic research and market research and encompassed identifying and studying demographic trends, business cycles, consumers’ purchasing power and many, many other trends that empowered him to forecast economic and market changes.