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Old 09-23-2010, 06:05 PM   #11
saden1
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Join Date: Feb 2004
Location: Seattle
Age: 46
Posts: 10,069
Re: What Are You Reading?

Quote:
Originally Posted by Slingin Sammy 33 View Post
I just read, "The Great Depression Ahead" by Harry Dent, Jr. Very dry stuff, but great info. It goes into great detail about forecasting economic trends in the U.S. and globally. If you aren't into financials, trends, stats, etc. (Schneed will love this if he hasn't already read it) there are summaries at the end of each chapter. I would suggest reading all of Chapters 8 & 9 though.

I definitely recommend for young folks just getting into the workforce and young families thinking about homebuying or relocating.
I would not recommend this book or any book by Mr. Dent. People aught to know that this is the same guy that predicted the DOW would hit 40,000 by the end of 2008 in his "The Roaring 2000" book and the NASDAQ to hit 20,000 by the end of 2009 as recent as 2006.

No one can predict the market or booms and busts...you can't do it, don't ****ing try. Then again if your goal is to sell book, go for it.
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