Hi Xenia
My partner and I love going through second hand book stores some of which have quite up to date second hand books. One book that I picked up for $1.00 at the Salvo’s was “The Great Boom Ahead” by Harry S Dent Jr published in 1993 and was predicting the stock market boom, falling interest rates (so buy bonds–explained in the book) and the resurgence of the American economy. Yep he is American. He was very good with his predictions and gives a good explaination to the economic cycles and the reasoning behind each cycle.He explains that the ecomony runs on consumer spending and that consumer spending is predictable. He has overlayed the birth rate of Americans lagged by 47yrs(peak consumer spending) over the DOW and they follow one another quite well.
I found his book very informative and went searching for his next book which was “The Roaring 2000’s”. Paper back in Dymocks was $62.00 but picked it up from America through Biblioz for $11.00 (new) plus postage and GST total of $28.39 and in hard cover and with audio. Didn’t find this book quite as good but was well worth reading as he pridicts the property boom and the move away from the suburbs to seaside country type areas and the Dow going as high as 21500 possibly 35000. Yes hard to believe but no-one believed him in 1980 odd when the Dow was at 1000 that by 2000 the DOW would be at 12000.
Anyway it gave me a better understanding of economics of the world and why most prophets are pridicting a down turn around 2010-2013 including Robert Kiyosaki.
Looking forward to his next book due out around February.
High on my list of recommendations.
Regards
Nevania