1428: Shadow Demand, The Next Depression, Repo-Market, Harry Dent
We are all searching for information on what to expect in uncertain times. Harry Dent joins Jason Hartman to discuss everything you need to know about the economy. Look at patterns Harry has analyzed to predict what\u2019s to come. Jason discusses the roommate component as a part of understanding shadow demand for housing.\xa0
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Key Takeaways:
[1:30] How many times have you washed your hands today?
[4:26] There is a huge shadow demand for housing
[7:25] \u201cRoommate component\u201d of shadow demand, 2002-2012 roommate status when up from 25-32%
[13:15] Thank you to Kurt, 12-year listener, and congratulations!\xa0
[15:00] Harry Dent
[16:00] The stock market is the best leading indicator of the economy
[21:00] After 1995, things start to get out of whack in relation to GDP
[25:10] Every 90 years, like a clock, we see a bigger bubble and a crash
[29:00] What are the biggest bubbles now, Apple, Google, Amazon, tech companies
[32:00] China\u2019s workforce peaked in 2011 and has been declining ever since
[36:40] Harry explains the repo-market\xa0
Websites:
Jason Hartman Youtube: Harry Dent
1-800-HARTMAN