GDP numbers just revealed something shocking!

Real GDP Since 2007 Has Been WORSE Than During the Great Depression! Harry Dent | March 08, 2019 Since my first book, way back in the 1980s, I've warned that we'd see an Economic Winter Season between 2008 and 2023. And since 2008, it looks like I was way off. We weren't clearly in a depression, although we did get the worst recession since the 1930s. In fact, we seem to have grown – albeit slowly – thanks to the free money from central banks. Yet… When we compare the cumulative real GDP of the 11-year period from 1929 (the market top) through 1940 (the bottom of the Great Depression) to the most recent 11-year period from 2007 through 2018… the picture is very different. It turns out that we've performed slightly WORSE during this Economic Winter Season than we did during the Great Depression! We just haven't felt it in the same way because QE efforts muted the effects! I share all the numbers comparing the two periods, and explain what the hell has been going on, and why we are, in fact, in the Economic Winter Season, in today's video. I also explain one key difference between the two crises in the Great Depression and the two in our modern Great Recession, with the worst crisis still ahead. In the 1930s, the worst crash and depression came first. This time that most deadly crisis comes last! Listen now… Harry P.S. My thanks to David Stockman, who will be speaking again at our Irrational Economic Summit in Washington D.C. this year. It was he who alerted me to these numbers and the shocking revelation they make. P.P.S. Speaking of our conference, I'm curious to know if there are any particular speakers you'd like to hear from this October… or any particular topics you want us to cover for you. Write me at conferences@dentresearch.com. EXPOSED! The shocking truth the government's been hiding They've been lying to you for decades about how to get rich in America. Because if you knew this proven wealth building formula, you could afford to retire sooner than you ever thought possible Click here to find out what they've been hiding from you (hint: this has nothing to do with cryptocurrencies, pot stocks, penny stocks, or anything you might consider "high risk"). 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.