Sorry if you have covered this topic but I am new and can't find a direct link. There is a thread here about mortgages but i didn't want to hijack that.
I wasn't thinking much about a depression although sitting back and watching what I see as the greatest recession we have had in my lifetime, and numerous countries being in denial of a recession before finally admitting it after everyone else had to, I started wondering at what point do people start using the D word.
I was in an airport the other day browsing the book store and found Harry Dents, "The Great Depression Ahead". It struck a chord as I was wondering about the D. After reading it, I was pretty shocked at what he had to say.
It has had a major effect on how I view current events now and what the future holds.
Has anyone read the book and do they hold much value in what he says?