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/biz/ - Business & Finance

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>> No.30042897 [View]
File: 34 KB, 600x338, Dent_Harry_MI600.jpg [View same] [iqdb] [saucenao] [google]
30042897

https://www.youtube.com/watch?v=-Eah1W-wBIg

How legit does /biz/ think he is?
for a tldr of his main talking points:
>Fed has pushed stimulus money directly into US stock markets, artificially pumping up stock prices
>artificially pumped up stock prices allow financial industry to leverage higher and take crazy risks like what happened with GME
>basically a huge asset bubble has been created which inevitably will burst after more endless stimulus as it will cause deleveraging and that will lead to a deflationary spiral, meaning stocks and crypto will go down to almost nothing
>$520 trillion of global assets is a giant bubble waiting to pop, leading to the end of central banks
>says if he is wrong and this doesn't take place within the next few months starting around June 2021 to never listen to him again

>> No.25246558 [View]
File: 34 KB, 600x338, Dent_Harry_MI600 (1).jpg [View same] [iqdb] [saucenao] [google]
25246558

https://www.thinkadvisor.com/2020/12/03/harry-dent-market-crash-coming-in-2-3-years-economy-already-dead/
we're all going to make it
thoughts?

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