Harry Dent, a finance editor known for his bold predictions, has stated that the US economy could experience its biggest crash in 2024. This prediction comes at a time when both the US economy and Bitcoin are aiming for new all-time highs. Dent specifically pointed out that Millennials and Gen Z will face the biggest crash of their lifetime this year.
Dent made this prediction in an interview with Fox News, where he explained that the housing bubble could potentially be the first domino to fall in 2024, leading to a domino effect that would impact the S&P, the US economy, and Bitcoin. He emphasized that 2024 is likely to be the biggest crash year that we will witness.
Robert Kiyosaki, author of Rich Dad Poor Dad, acknowledged Dent’s prediction and stated that if it comes true, he plans to accumulate lots of Bitcoin at cheaper prices. Kiyosaki expressed his hope that Dent’s prediction is correct as it would present investors with a unique opportunity to buy Bitcoin at lower prices. He also emphasized the importance of holding assets like gold, silver and Bitcoin in case of a major market crash.
Overall, Dent’s prediction has generated a lot of interest among investors and financial experts. While many are skeptical about his predictions on 2024 financial crash year , some agree with him as they fear possible housing bubble burst which can trigger stock market correction . Only time will tell whether Dent’s prediction will come true or not but it certainly adds more fuel to financial discussions around world .
