The David Lin Report

‘This Has To Burst’: Worst Market Crash In History Coming In 2026 | Harry Dent

Dec 22, 2025
Harry Dent, a renowned economist and author known for his insights on demographic and market trends, predicts a catastrophic market crash worse than 1929. He discusses the artificial, stimulus-driven bubble that's been developing, warning stocks could plummet up to 90%. Dent highlights Bitcoin and NVIDIA as indicators of this decline and advises caution toward gold and commodities. He emphasizes the need for strategic investments in Treasury bonds as a safe haven during the impending downturn, while offering bullish views on India's economic growth compared to a declining China.
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INSIGHT

Stimulus Created An Unprecedented Everything Bubble

  • Governments' massive stimulus since 2008 created an unprecedented 16–17 year artificial everything-bubble.
  • That stimulus hid necessary busts and stretched the boom far beyond normal bubble cycles.
INSIGHT

Bubble Is Broader And More Dangerous

  • This bubble is broader than past ones because it hit stocks, real estate, commodities, and gold simultaneously.
  • When it bursts, Dent expects it to resemble 1929–32 in depth because it is an artificial, government-fueled bubble.
INSIGHT

Bitcoin And AI Lead Market Tops

  • Bitcoin and AI names act as leading indicators for broader market tops and often top before the wider market.
  • Dent expects Bitcoin to fall significantly first, and then stocks to follow shortly after.
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