Jan. 25, 2009 On the Shelves

The following books are available for checkout at the Portales Public Library:

The Great Depression Ahead by Harry S. Dent, Jr. The first and last economic depression that you will experience in your lifetime is just ahead. The year 2009 will be the beginning of the next long-term winter season and the initial end of prosperity in almost every market, ushering in a downturn like most of us have not experienced before. The three massive bubbles that have been booming for the last few decades—stocks, real estate, and commodities—have all reached their peak and are deflating simultaneously.

Best-selling author and renowned economic forecaster, Harry S. Dent, Jr., has observed these trends for decades, and he has developed analytical techniques that allow him to predict the impact they will have. The Great Depression Ahead explains “The Perfect Storm” as peak oil prices collide with peaking generational spending trends by 2010, leading to a more severe downtrend for the global economy and individual investors alike.

Conventional investment wisdom will no longer apply, and investors on every level—from billion-dollar firms to the individual trader—must drastically reevaluate their policies in order to survive. But despite the dire news and dark predictions, there are real opportunities to come from the greatest fire sale on financial assets since the early 1930s. Dent outlines the critical issues that will face our government and other major institutions, offering long- and short-term tactics for weathering the storm. He offers recommendations that will allow families, businesses, investors, and individuals to manage their assets correctly and come out on top.