Economist: Coming economic shocks could spark depression
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 ...
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