All posts tagged "gdp contraction"

  • Glenn Beck Interviews Peter Schiff

    Glenn Beck, Bob O’Brien, and Peter Schiff discuss the problems facing the U. S. economy in the youtube video linked below. Schiff expects a depressionary 10 to 15% reduction in GDP. Source: http://www.youtube.com/watch?v=t0XnP6mFmnk&NR=1 ***

    • Posted October 5, 2008
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  • Nouriel Roubini on CNBC

    Nouriel Roubini was on CNBC this morning and reiterated his negative view on the world economy. Roubini in his closing comments stated, “We’re in the middle of a recession, consumption is falling in June, July and August...

    • Posted September 10, 2008
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