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Part One: Loral introduces economic expert, Harry Dent, to discuss the current economy. This lesson covers the following:

  • Understanding "economic cycles" and how they have played out in the past.
  • What the deflation of economic "bubbles" means for future asset allocation.
  • How long the downturn will really last.
  • Examples of how these cycles have played out in our history and around the world.
  • The "life cycle" of the economy, especially real estate and commodity cycles.
  • How the government will impact recovery.

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