Economist Harry Dent, founder of HS Dent, has predicted a catastrophic market crash by 2026, describing it as the worst in history. Speaking on David Lim's show on December 22, Dent warned that a 17-year market bubble is set to burst, potentially causing equities to plummet by 90%. He attributed this impending crash to speculative excesses in stocks, real estate, and digital assets.
Dent specifically mentioned Bitcoin, forecasting a drop to $30,000 by 2026, with a possible further decline to $15,600. He also pointed out that altcoins are part of a debt-driven super bubble, and noted that AI stocks are exhibiting signs of a late-stage speculative frenzy.
Economist Harry Dent Warns of Historic Market Crash by 2026
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