In the first half, economist specializing in demographics, Harry Dent, discussed his contention that there is a "great deflation" coming in 2014 and beyond. He cited a "demographic cliff" that takes place when a large portion of the population enters retirement, such as what is happening now with the Baby Boomers, who are downsizing and spending less. This will weaken the economy and cause deflation to occur between 2014 and 2019, he forecast, adding that we can also expect to see Europe particularly hard hit by this trend in the coming decade.
Specifically, he sees the stock market rising in May 2014 to a new high between 17,000 to 17,200, but then it will crash down to a Dow of 5,000 to 5,500 in the next 2-3 years. He advises getting out of the market when it's at its peak, and then using your cash to buy stocks, real estate or precious metals after the crash when prices will be cheap. He believes stocks and other assets will be valued even lower when the cycle bottoms out in 2019-2020, before we begin to see a gradual uptick in the economy.
--------------------------------------------------
In the latter half, Charles Hall talked about his encounters with a race of human-like ETs, he referred to as the "Tall Whites," during his two-year assignment at Nellis Air Force Base, near Las Vegas, from 1965 to 1967. Working as a weather observer at Indian Springs, he discovered a base in the mountains, which he said the Air Force maintained for the Tall Whites. While there, he reported seeing two additional types of ETs-- the 'Norwegians' who could pass as humans, and the 'Greys' such as associated with Roswell. The base was used as a spaceport for the Tall Whites who had "deep spacecraft that would arrive and leave on schedule," he stated. The Greys and Tall Whites had similar craft construction with double hulls "with like a thousand miles of fiber optics in between those two hulls," but the Tall White technology was clearly more advanced, he continued.
Hall said he witnessed playful children of the Tall Whites who wore suits that allowed them to levitate. Researcher Paola Harris joined the latter part of the conversation, noting how she found Hall's description of these ET children to be particularly unique and compelling. She also commented on the alleged Snowden revelations that the Tall Whites have a powerful influence over our government and world affairs. She related this to Paul Hellyer (Canada's former Defense Minister), and his interest in the Charles Hall case.
News segment guests: Douglas Hagmann, Robert Zimmerman