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Recession has arrived! Harry Dent has long predicted that we are on the cusp of a prolonged economic slump, which historians would classify as a classic depression, due to demographic factors: the baby boom generation, one of the largest generations in history, is leaving the labor force, either by planned retirement or involuntarily (as a result of layoffs or inability to find a job), which will have a profound impact on all sectors of our economy. This recession would have been faster and less severe if the Fed had allowed it to happen naturally. However, because of numerous rounds of quantitative easing, which essentially consisted of pumping “free money” into the economy, the Fed not only postponed the inevitable, but ensured that the recession would be longer and more severe than it would have been. Harry Dent believes the Fed won't be able to prevent the bubble from bursting much longer, and when it does, everyone will need to prepare for a period he calls an "economic winter." In this book, you'll learn the personal and business strategies necessary to protect and preserve your assets, as well as the few economic sectors that will still thrive through the winter. It is an indispensable book for everyone, especially in times of crisis.