Prepare For the Largest Wealth Evaporation in Modern History (Video)
BY VOICE OF REASON
THELASTGREATSTAND.COM
FRIDAY, APRIL 15TH, 2016
Want to know Why the Super Rich Leaving Major Cities, Even Renouncing Citizenship? If you’ve been listening to economists like Dr. Jim Willie, Peter Schiff, Michael Snyder, and Harry Dent for a while, then you know all four of them have a fantastic track record of being correct in their forecasts, and unfortunately for the rest of us, they keep warning about an inevitable Global Currency Reset. In the video below, Future Money Trends welcomes back Harry Dent, who was last on the show in August. In the video, Dent predicts that once the U.S. collapse begins, we’ll be lucky if the Dow Jones halts its skid at 6,000, which would mean an evaporation of 66% of all wealth in the Dow Jones.
Consider for a moment that figure only includes those that are fortunate enough to have money in the stock markets to begin with. Close to 100 million Americans are unemployed, and in debt up to their eyeballs, who don’t even have 66% of their wealth to give up, because they have no wealth! Then, after the video below, is an article Harry Dent wrote this week in FX Street that the financial Armageddon coming will be “The Largest Evaporation of Wealth in Modern History,” and he’s not even talking about in the United States!
When Dent refers to “The Largest Evaporation of Wealth in Modern History,” Dent is referring to when China’s Real Estate Bubble Bursts, which is eestimated would wipe out $12.2 TRILLION in China’s net worth. Combine that with a 66% decline in Amerian net worth, and it’s not hard to see how the world would spiral out of control. Dent says China could easily trigger the collapse of virtually EVERYTHING on the planet, including the oil investors in the U.S. who will be wiped out, the Dow stocks wiped out, tech stocks wiped out, the S&P gone, real estate prices will drop like a rock and it just gets worse…
The Rest…HERE
