Creating Wealth Real Estate Investing with Jason Hartman CW 986 - Zero Hour, Middle Class Disappears, Tax Reform, Sunspots vs The Economy with Harry Dent
Jason Hartman talks with Harry Dent, author of the new book Zero Hour, about current demographic trends and what they means for our society (assuming fiscal and monetary policy doesn't go haywire), as well as how long technology takes to go mainstream and impact society, the impact of sunspots on our economy, environment, and psychology, why the new tax reform is the cure for the problem that doesn't exist, and more.
Key Takeaways:
Jason Intro:
[3:19] Each time you have an experience you get a new impression
[7:21] Airbus is planning to allow passengers to go sleep in the cargo hold during flights starting in 2020
[10:31] You need to be in a mastermind group to expand your thinking and up your lifestyle (maybe the Venture Alliance Mastermind???)
Harry Dent Interview:
[14:15] What does Harry learn by looking at sunspots?
[18:30] There's both global warming and cooling going on right now thanks to sunspots
[20:28] Harry does NOT believe this is the time to be cutting taxes
[23:28] The greatest BS economic recovery in history
[26:32] How much does money trickle in this consumption driven economy that needs growth?
[29:25] Nobody takes downturns into consideration when planning the future
[32:59] When are we likely to see a spike in life expectancy?
[36:10] The wild card in predictions using demographics is the government's monetary & fiscalpolicy
[39:39] Why we're going to have a big revolution if things don't change
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