90’s Labor Secretary Reich: Risk of Economic Depression 20%
Posted on March 17th, 2008 by admin
Not long ago the pundits were telling us that a recession wasn’t likely. Now it looks like a recession is definite, and now there is speculation about an economic depression.”But several managing directors on the Street, whose opinions I trust, have said to me that the chances for a depression are 20 percent. That matches my sense.” źródło
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