"Bestselling author and financial guru Harry Dent shows why we're facing a decade-long "great deflation"--And what to do about it. Throughout his long career as an economic forecaster, Harry Dent has relied on demographics-the ultimate tool for predicting both big and small trends, decades in advance. Now he explains what's going to happen to our economy with the accelerating retirements of the Baby Boomers. Inflation rises when a larger than usual block of younger people enter the workforce, and it wanes when large numbers of older people retire, downsize their homes, and cut their spending. The mass retirement of the Boomers won't just hold back inflation, it will actually cause deflation-with a downturn and periodic crises from 2014 until about 2023. Dent explores the implications of his controversial predictions for retirement planning, healthcare, real estate, education, investing, and business strategies. His advice will help readers survive and prosper during the challenging years ahead".

The demographic cliff around the world -- Following Japan into a coma economy -- Why real estate will never be the same -- A look at public and private debt -- A brief history of financial bubbles -- Commodity prices : the Achilles' heel of emerging countries -- Investment strategies for the financial crisis ahead -- Business strategies for the winter season -- Government strategies for facilitating free markets -- A major revolution brews every 250 years.