Four Simultaneous Downturns Could Trigger the Next Economic Meltdown

Glenn sat down with world renowned economist Harry Dent on Wednesday to discuss signs of an impending economic crash that could drive America into the next Great Depression.

Known for successfully predicting economic trends over the past 30 years --- including the housing bubble of the last decade --- Dent's latest prediction was startling to say the least.

"The DOW is going to crash to a degree we haven’t seen since the Great Depression," Dent said.

He went on to describe how demographic cycles are largely responsible for long-term changes in the economy, although governments can artificially delay certain consequences temporarily.

Using what he referred to as the Hierarchy of Macroeconomic Cycles, Dent pointed out four key cycles which dictate the ups and downs of economies in developed countries.

1. The 39-year Generational Spending Wave.

2. The 36-year Geopolitical Cycle.

3. The 45-year Innovation Cycle (NEW).

4. The 8-13-year Boom/Bust Cycle (average 10 years).

Screenshot / TheBlaze TV Screenshot / TheBlaze TV

Dent told Glenn the most critical piece of information was that all four cycles have entered their downward phase, which will last at least until late 2019, he said.

"As we move through the latest iteration of this phenomenon, we can expect another major catastrophe to slam into us before any one of these cycles turns the corner and begin to head back up," Dent said.

But not everything is "doom and gloom." The good news with all four cycles pointing down together now is that they all head up together as well, Dent explained.

"It's during such 'up' times that we see the markets and economy boom," Dent said.

Glenn asked Dent flat-out whether the next economic bubble-burst will be deeper or longer than the Great Depression. Watch Dent's response in the clip below.

Dent reiterated his belief that bubbles always burst. It's just what they do, he explained.

So when is the next economic bubble going to burst?

"I don't know exactly when it's going to happen, but the signs I'll talk about --- it looks like it's getting ready," Dent said. "I think this summer, you're likely to see some fireworks."

To sign up to Harry Dent's Free newsletter, Economy & Markets, click here.

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Eric Weinstein, managing director of investment firm Thiel Capital and host of "The Portal" podcast, is not a conservative, but he says conservative and center-right-affiliated media are the only ones who will still allow oppositional voices.

On "The Glenn Beck Podcast" this week, Eric told Glenn that the center-left media, which "controls the official version of events for the country," once welcomed him, but that all changed about eight years ago when they started avoiding any kind of criticism by branding those who disagree with them as "alt-right, far-right, neo-Nazi, etc.," even if they are coming from the left side of the aisle. But their efforts to discredit critical opinions don't stop there. According to Eric, there is a strategy being employed to destroy our national culture and make sure Americans with opposing views do not come together.

"We're trifling with the disillusionment of our national culture. And our national culture is what animates the country. If we lose the culture, the documents will not save us," Eric said. "I have a very strongly strategic perspective, which is that you save things up for an emergency. Well, we're there now."

In the clip below, Eric explains why, after many requests over the last few years, he finally agreed to this podcast.

Don't miss the full interview with Eric Weinstein here.

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Glenn Beck: Why MLK's pledge of NONVIOLENCE is the key to saving America

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Listen to the Rev. Dr. Martin Luther King Jr.'s pledge of nonviolence and really let it sink in: "Remember always that the nonviolent movement seeks justice and reconciliation — not victory."

On the radio program, Glenn Beck shared King's "ten commandments" of nonviolence and the meaning behind the powerful words you may never have noticed before.

"People will say nonviolent resistance is a method of cowards. It is not. It takes more courage to stand there when people are threatening you," Glenn said. "You're not necessarily the one who is going to win. You may lose. But you are standing up with courage for the ideas that you espouse. And the minute you engage in the kind of activity that the other side is engaging in, you discredit the movement. You discredit everything we believe in."

Take MLK's words to heart, America. We must stand with courage, nonviolently, with love for all, and strive for peace and rule of law, not "winning."

Watch the video below for more:

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Conservatives are between a rock and a hard place with Section 230 and Big Tech censorship. We don't want more government regulation, but have we moved beyond the ability of Section 230 reforms to rein in Big Tech's rising power?

Rachel Bovard, Conservative Partnership Institute's senior director of policy, joined the Glenn Beck radio program to give her thoughts and propose a possibly bipartisan alternative: enforcing our existing antitrust laws.

Watch the video below:

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Dan Bongino, host of The Dan Bongino Show, is an investor in Parler — the social media platform that actually believes in free speech. Parler was attacked by Big Tech — namely Amazon, Apple, and Google — earlier this week, but Bongino says the company isn't giving up without a fight. In fact, he says, he's willing to go bankrupt over this one.

Dan joined Glenn Beck on the radio program to detail what he calls a "smear" campaign behind the scenes, and how he believes we can move forward from Big Tech's control.

"You have no idea how bad this was behind the scenes," Dan told Glenn. "I know you're probably thinking ... well, how much worse can the attack on Parler have gotten than three trillion-dollar companies — Amazon, Apple, and Google — all seemingly coordinated to remove your business from the face of the Earth? Well, behind the scenes, it's even worse. I mean, there are smear campaigns, pressure campaigns ... lawyers, bankers, everyone, to get this company ... wiped from the face of the earth. It's incredible."

Dan emphasized that he would not give up without a fight, because what's he's really fighting for is the right to free speech for all Americans, regardless of their political opinions, without fear of being banned, blacklisted, or losing jobs and businesses.

"I will go bankrupt. I will go absolutely destitute before I let this go," he said. "I have had some very scary moments in my life and they put horse blinders on me. I know what matters now. It's not money. It's not houses. It's none of that crap. It's this: the ability to exist in a free country, where you can express your ideas freely."

Watch the video below to hear more from Dan:

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