http://www.news.com.au/finance/econ...s/news-story/066bc35e7624254dc75d5c34f7a2a60c
"...Harry Dent, a US demographer and financial commentator who correctly predicted the 2008 crash, has warned of a “major political and social revolution brewing” very similar to the American Revolution of the late 1700s.
He argues the global real estate and stock market “bubble”, artificially inflated by central bank money printing policies, will pop within the next five years — but most likely some time between the end of 2018 and early 2020.
“I’m talking about a second global crisis because we never solved the problems of the first one,” he said. “He have $57 trillion more debt, real estate and stocks are more overvalued. I’m seeing signs. Bitcoin finally crashed, the US stock market looked like it was melting down, I think real estate comes next...."
Dent is also in Aus on a tour promoting his new book, so...
- Forums
- Property
- Australian property prices could crash by 50 per cent
Australian property prices could crash by 50 per cent
-
Top Stories
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
