About revolutions and great leaders

Presidents Day: Revolutions and Great Leaders Harry Dent | February 18, 2019 Who do you think of when you think about the great presidents? Washington, Jefferson, Lincoln, and Teddy Roosevelt on Mount Rushmore…? Or Franklin Roosevelt, Kennedy, and Reagan? Bill Clinton once remarked: "I didn't have enough of a crisis to go down [in history] as a great president." You bet he didn't. He walked into the best eight years in U.S. history; a boom time I forecast, including the balanced budget, in The Great Boom Ahead… before he was inaugurated. Yes! Great presidents DO come out of crises and political/social revolutions. The American Revolution, the Civil War, the Great Depression. This chart, from Zero Hour, shows how we're in the biggest social/political revolution since the advent of democracy itself in the late 1700s (Washington/Jefferson), and the most polarized society since the Civil War (Lincoln). The last 84-year populist cycle hit in 1933 with Hitler becoming Chancellor of Germany. The last 28-year financial crisis hit in 1989 with the S&L crisis. The last major 250-year revolution hit between 1765 and 1783 with the American Revolution. All three of these cycles have converged again today. We won't realize how historic this period will become and how much change will come from it until decades down the road. Economic and social progress have been on a tear since the late 1700s and that progress mushroomed the most from the late 1800s forward when Teddy Roosevelt emerged as a great leader. My most powerful 500-year mega innovation cycle says we're only half way through this unprecedented economic explosion. So, by all my cycles, the most critical part of this major political revolution, that started with the backlash against globalization and Trump's populist revolution, is likely to come between 2020 and 2024… in the next administration. The next great leader in history is very likely to emerge then. Who wins the 2020 election and which party carries Congress will be critical. Harry P.S. We've halved the price on 25 tickets for our 2019 Irrational Economic Summit… but for today only. It's fitting, this Presidents Day, seeing as we'll be convening in our capital in October. I hope you join us. Follow me on Twitter @HARRYDENTJR Harry Dent, Founder, Dent Research From decades of research and hands-on business experience, Harry has perfected an easy-to-understand view of the economic future. READ MORE » Economy & Markets  |  Dent Research You are receiving this e-mail as a part of your free subscription to Economy & Markets E-Letter. Remove your email from this list: Unsubscribe. To cancel by mail or for any other subscription issues, write us at: Charles Street Research Attn: Member Services, 819 North Charles Street, Baltimore MD, 21201 | Phone: 888-211-2215 | Fax: 410-223-2682 LEGAL NOTICE: Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the worldwide web), in whole or in part, is strictly prohibited without the express written permission of Charles Street Research. This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment recommendations and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation.