In college, my two favorite courses were biochemistry and organic chemistry. The logic was very soothing to me. In high school, the only thing that gave me that sense of logically progressing to an answer was mathematics—especially geometry proofs. In other words, I like concrete answers and am not as comfortable leaving arguments unsettled. Like you, I also like money and am interested in how the economy works. Sometimes I wish I had studied economics so I could better understand the nuanced aspects of what is going on today. But economics is not science. It is a social science. What that means is that while you can build models and make predictions, it's very hard to accurately come up with the answer to a problem ahead of time. It's not that exacting. That's why a room full of Ivy League educated economists can look at the same numbers and come up with different conclusions. There is no answer—only theory and forecasts. As an investor that is frustrating for sure. In fact, sometimes all the economists are wrong because the data they focus on ends up not being the right data to look at! Case in point—I remember back in the late 1980s when everyone was talking about Japan becoming the next financial powerhouse. Virtually no one, except Harry Dent, predicted that Japan would go into a tailspin for the next three decades. Harry predicted that would happen because the population of Japan was shrinking—less work force, less productivity. Today, everyone is looking at China as the next global financial power. It has certainly grown at an incredible clip over the last few decades. But China did something in 1979 that could seal its fate as another failed Asian power—it created a one-child per family policy that continued until 2015. Will China become the next Japan over the next few years? Or, will another unforeseen variable like technology save its drop in productivity? There is no way to know for sure. The best we can do when we consider macroeconomics is identify the right trends and get ahead of them as fast as possible. Harry Dent has a pretty good record of doing this. Right now, just like a lot of bears including Peter Schiff and Jim Rickards, he is predicting a major financial crisis. But his flavor of armageddon is a little different. He's predicting a deflationary recession. How would this affect you? Find out by listening to this week's episode of Wealth Formula Podcast! P.S. Listen to the very end if you invest in apartment buildings.