Harry Dent Jr. predicts a 50% decline in home prices due to a US economic crisis. He analyzes cycles—demographic, technological, geopolitical—to forecast a sharp downturn in the next year or two due to the Fed's overreaction to COVID-19. Dent advises investors to prepare for a crash and recommends long-term treasury bonds. He views the US as losing its economic dominance while predicting a significant economic surge for India in the future.
Despite employment gains and unemployment reduction for Black Americans, challenges persist. Income inequality and racial gaps linger, particularly in the tech sector. Diversity, equity, and inclusion (DEI) initiatives have faced controversy, prompting a need for reevaluation. While progress has been made, addressing these issues is crucial for achieving economic equity.
