In his 2017 book, “Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage,” Harry Dent forecast a catastrophic economic crash would hit us no later than early-2020.
Dent saw the developed world arriving at the pointy-end of a long and unsustainable period of technological progress and growth, which was destined to implode in the greatest bubble burst of modern history. In a feeble attempt to thwart the resulting downturn, and in an expression of gross monetary manipulation central banks would respond by printing more money.
This post is part of CoinDesk’s 2020 Year in Review – a collection of op-eds, essays and interviews about the year in crypto and beyond. Leah Callon-Butler, a CoinDesk columnist, is the director of Emfarsis, a consulting firm focused on the role of technology in advancing economic development in Asia.
Then, amid rising geopolitical tensions and regional trade wars, domestic melting