Well, he might have the year wrong. If not this year, then next, or whenever he gets it right.
I remember Peter Schiff's wild call in 2012 for $5000 gold. At that time he said $1700 was a bargain. I feel bad for those who acted on his advice. There were tons of people loading up on gold at the time - I remember the gold bug ads.There are a few authors - economists who predict US economy slow but grow for the next few years. On the other hand there are a few others in addition to Harry Dent (like Peter Schiff, Marc Faber, James Rickards etc) who predict prolonged depression and point to many reasons why they think so. It is up to you to be an optimist or pessimist. I think that it is better to be cautious and be partially in stocks, RE and cash.