More and more reports are coming in that the economy is on the rise.
But not all economists believe the economy is improving. In fact, some think we are looking toward another stock market crash, according to USA Today.
Harry Dent, author of “The Great Crash Ahead,” told USA Today that we could expect another crash because of a bad ending to the global debt crisis.
The author originally predicted a crash in 2012 but adjusted his forecast to 2013 or 2014.
“This will be a repeat of 2008-09, only bigger, when it finally hits," Dent told the publication.
Another economist also believes that Americans should expect a financial crisis.
Gerald Celente, a trend forecaster at the Trends Research Institute, told USA Today that policymakers who can’t fix the world’s financial problems will bring on an “economic 9/11.”
"We see some kind of threat of that magnitude," Celente, publisher of The Trends Journal newsletter, told USA Today.
A third economist sees similarities between the Great Depression and current financial issues.
U.S. stock indexes will fall below lows hit in March 2009 at the last financial crisis and the brief recovery will fail like it did in the 1930s, Robert Prechter, author of “Conquer the Crash," told USA Today.
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