Loser of the Week Award, 8/10--8/16

This week the Complete and Total Loser gives his Loser of the Week to Harry S. Dent Jr., president of the H.S. Dent Foundation. The Loser came across a audio version of The Great Depression Ahead, a book he wrote in 2009 in the dollar bin at his local public library. 

Harry S. Dent, loser.

Dent's predictions were:

• Stock prices start to crash again between mid-to-late 2009 into late 2010, and likely finally bottom around mid 2012--between Dow 3,800 and 4,500.
• The economy enters a deeper depression between mid 2010 and early 2011, likely extending off and on into late 2012 or mid 2013.
• Asian markets may bottom by late 2010, along with health care, and be the first great buy opportunities in stocks.

All wrong. Keep up the good work, Harry!