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Depression may last 25 or 26 years

hypocritexposer

Well-known member
PhD Economist Marc Faber writes:

Economic conditions may turn out to be far worse than in previous recessions, including the Great Depression at the beginning of the 1930s. Everybody seems to think that, thanks to the government's monetary and fiscal interventions, this recession will come nowhere near the 1930s slump. However, I think it might be far worse – and precisely because of the interventions.

Nice going Paulson, Bernanke and Frank.
 

badaxemoo

Well-known member
hypocritexposer said:
PhD Economist Marc Faber writes:

Economic conditions may turn out to be far worse than in previous recessions, including the Great Depression at the beginning of the 1930s. Everybody seems to think that, thanks to the government's monetary and fiscal interventions, this recession will come nowhere near the 1930s slump. However, I think it might be far worse – and precisely because of the interventions.

Nice going Paulson, Bernanke and Frank.

Source?

It would be nice to read the whole article.

Or do you prefer giving people uncited snippets so they can't do some digging themsleves?
 

hypocritexposer

Well-known member
type Marc Faber into Google, I'm sure it will come up.

I did, and here is the search result.

http://georgewashington2.blogspot.com/2009/01/marc-faber-i-think-it-might-be-far.html
 

hopalong

Well-known member
hypocritexposer said:
type Marc Faber into Google, I'm sure it will come up.

I did, and here is the search result.

http://georgewashington2.blogspot.com/2009/01/marc-faber-i-think-it-might-be-far.html

Don't worry the libs only post part of anything that they seem to see fit, oldtimer only posts snippits of what he wants everyone to see and the LIBERALS buy it as fact, when asked for more information he qquietly disappears intop the wild west. and drinks more kool aid
OH VEY oldtimer
 
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