Be aware that if your DEM data is geo referanced it may well end up on the other side of your planet. Pullback on the camera so you can see the DEM's bounding box and align the camera accordingly. However remember that populations will be less easy to control the further you go away from the planets 0,0,0 point, it's "north pole". Or un-check the Georeferance tick box in the "Heightfield load 01" node. This will center the heightfield at 0,0,0.
I almost always need to add in a "Heightfield resize" between the green "Heightfield load 01" and the red "Heightfield shader 01" and enter the size I want the x and z dimensions I want my heightfield in meters.
Hope this helps.