Economist: Coming economic shocks could spark depression

Raw Story, WCCO Minneapolis | Apr. 30, 2008 (Opinion)

When a Gallup Poll showed that 59% of Americans believe a full-fledged economic depression is "somewhat likely" within the next two years, WCCO News in Minneapolis sought out economics professor Raymond Robertson to ask, "Is this the recession that will become a depression?"

"It's hard to say," Robertson answered. "Any of the potential shocks that we face could easily slip us into a very, very serious depression."

Robertson noted that ... Full Story »

Posted by Dale Penn

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Subjects: U.S., Business
Topics: U.S. Economy
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Posted by: Posted by Dale Penn - Apr 30, 2008 - 9:55 AM PDT
Reviewed by: Dale Penn (review), Fabrice Florin (review), Louise Franco (review)
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Edited by: Dale Penn - Apr 30, 2008 - 9:55 AM PDT

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Louise Franco
1.6
 by Louise Franco - Oct. 1, 2008

Horrible journalism. They could have at least interviewed a professor from an Ivy league school or a real economist. Instead they chose some lunatic from an unheard college named McCalster. I doubt very much this country will ever again see a depression.

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Dale Penn
3.5
 by Dale Penn - Oct. 1, 2008
Dale posted this story.
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Fabrice Florin
2.5
 by Fabrice Florin - Oct. 1, 2008
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