Name: Biggest Crash Since 1929? Harry Dent Warns 90% Collapse May Be Starting
Uploaded: 2026-07-06T20:00:13+00:00
Duration: 2079 s

Speakers

Harry Dent — Founder, HS Dent

Summary

Harry Dent, founder of HS Dent, presents his extreme bearish outlook, calling the current market the biggest bubble in history that is starting to crack. He predicts a crash in stocks, real estate, gold, and Bitcoin in the near term, while US Treasuries will be the only safe haven. Long-term he is bullish on Bitcoin and India, but bearish on China.

Harry Dent believes we are in an 'everything bubble' that is the largest and longest in history, fueled by $31 trillion in stimulus.
He predicts the S&P 500 will crash 50% within months, then total decline of 80-90% over 2-3 years, making it the worst since 1929.
US 10-year and 30-year Treasury bonds are recommended as the only safe haven, with yields expected to go to zero or lower.
Gold and silver have joined the bubble and will crash 60-70%, so they are not a safe haven in a financial crisis.
Real estate will fall 50-70% and faces long-term demographic headwinds from retiring baby boomers.
Bitcoin will crash to $30,000 near term, but long term could reach $1 million as the new global monetary standard.
India is the next China, poised for a demographic-driven boom, while China is already declining due to debt and demographics.

Ideas

Harry Dent Founder, HS Dent 0:00

Gold not safe haven, crash 60-70%.

Gold and silver have finally joined the everything bubble, as shown by a parabolic move from 2023-2026 resembling prior peaks in 1980 and 2011. Long-term cycle analysis points to a 60-70% crash in gold, taking it back to $800-$1,100. Gold will not be a safe haven in the coming financial crisis.

Harry Dent Founder, HS Dent 0:04

US Treasuries safe haven, yields collapse.

US 10-year and 30-year Treasury bonds will be the ultimate safe haven in a major financial crisis, just as in 2008. When the economy collapses, growth and inflation expectations will plunge, driving Treasury yields to zero or lower and bond prices sharply higher. These bonds can be printed to avoid default, making them the safest asset to own.

Harry Dent Founder, HS Dent 0:10

Real estate to crash 50-70%, structural decline.

Housing is in a worse bubble than 2006, and will crash 50-70% in the coming downturn. Baby boomers are now retired and will begin selling homes faster than millennials buy, creating negative net demand for the first time in history. Real estate will never be the same and will not be a good long-term investment for the rest of most lifetimes.

Harry Dent Founder, HS Dent 0:21

Stocks to crash 50-90%, get out.

The stock market is the largest and longest bubble in history, artificially inflated by $31 trillion in government stimulus since 2008. Generational spending cycles and innovation cycles have turned down, and valuations are at all-time extremes. The bubble is ready to burst, with an initial crash of 40-50% within a few months, followed by a total crash of 80-90% over 2-3 years. Investors should get out of stocks and be conservative.

Harry Dent Founder, HS Dent 19:12

India next China, demographic boom ahead.

India is the next China, with demographics not peaking until 2050-55. It will urbanize rapidly like China did, tripling GDP per capita, and will be the huge beneficiary as China's bubble bursts and global capital seeks the next big emerging market.

Harry Dent Founder, HS Dent 19:25

China declining, debt and demographics doom.

China's demographics are already declining due to the one-child policy, and it has the highest debt levels relative to incomes in history. With 22% empty housing and offices, it cannot generate a construction-led boom. China's bubble has burst and it will not be part of the next global growth cycle.

Harry Dent Founder, HS Dent 24:03

Bitcoin to crash to 30k or lower.

After the near-term crash, Bitcoin will emerge as the new global monetary standard, acting as digital gold for the digital economy. It will digitize the entire financial services sector which is five times global GDP, and will rise to $600,000–$1,000,000 within 10-15 years, far surpassing gold.

Biggest Crash Since 1929? Harry Dent Warns 90% Collapse May Be Starting

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