Harry Dent says National Debt Likely to Double Under Trump

By: Curtis Wayne   3/7/2019

Harry Dent pointed out that the national debt is doubling about every two terms of the Presidency. 

Every five to eight years the national debt is doubling. 

Under Bush the debt increased from about 5 to 10 trillion.  Under Obama the debt increased from about 10 to 20.  And now in Trump’s two terms, we are likely to see the national debt grow from 20 to 40 trillion.

If we fall into a recession later this year, the national debts are likely to grow by 3 to 4 trillion per year, because of the bailouts of the many asset bubbles that come crashing down and the decrease in tax revenue coming it.

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