Facebook Twitter YouTube SoundCloud RSS
 

Broken System: Harbingers of the Coming Financial Collapse

Sky News Australia reports…

People must look at all their financial assets right now and say “I want to sell them or preserve them,” as they’re going to go down in value in the coming years, says Harry Dent the Founder of HS Dent Investment Management.

“Real estate, stocks, everything but the most conservative government, Australian and US Treasury Bonds, are going to go down to reality and it’s going to hurt more than anybody thinks it ever could.”

“And nobody thinks it could happen and I’m the only guy on earth saying it,” Mr Dent told Sky News host Chris Smith.

“Once you get bubbles of this extent, there’s no way to stop it, they have to come down to reality”.

“I’m telling you, it’s 30 to 50 per cent for real estate in most countries and it’s 60 to 90 per cent in stocks in most countries.”

“This is going to kill most people’s retirement portfolios …. And there’s nothing they can do about it … I’m telling you it’s coming in the next two-to-three-years.”

“And I think it’s about to start in the next month or two.”

Watch this harrowing segment as Chris Smith speaks to investor Harry Dent talking about the coming collapse:

READ MORE FINANCIAL NEWS AT: 21st Century Wire Financial Files

PLEASE HELP SUPPORT OUR INDEPENDENT MEDIA PLATFORM HERE