Top Economist Predicts ‘Crash of a Lifetime’ Worse Than 2008 Recession

Harry Dent, the outspoken financial author and economist, isn’t reversing course from his bold “crash of a lifetime” declaration this past December.

Speaking in an updated interview with Fox News Digital, Dent cautioned that the “everything” bubble still has not burst, and it may be a bigger crash than the Great Recession.

“In 1925 to ‘29, it was a natural bubble. There was no stimulus behind that, artificial stimulus per se. So this is new. This has never happened,” Dent said Tuesday. “What do you do if you want to cure a hangover? You drink more. And that’s what they’ve been doing.”

“Flooding the economy with extra money forever might actually enhance the overall economy long-term. But we’ll only see when we see this bubble burst,” he added. “And again, this bubble has been going 14 years. Instead of most bubbles [going] five to six, it’s been stretched higher, longer. So you’d have to expect a bigger crash than we got in 2008 to ’09.”

As markets inch closer to the halfway mark of the year, US stocks ended the month of May with gains as the tech-heavy Nasdaq stole the show, finishing up 6.9%. The S&P 500 was up 4.8% and the Dow Jones was up 2.3%. (Read more from “Top Economist Predicts ‘Crash of a Lifetime’ Worse Than 2008 Recession” HERE)