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1929 Great Depression, 1979 Economic Stagflation or 1989 Soviet-Style Collapse?

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1929 Great Depression, 1979 Economic Stagflation or 1989 Soviet-Style Collapse? video:


Thu, 18 Sept 2008 Peter Schiff, president of Euro Pacific Capital and Steve Cordasco, host of the "Big Money" show on 1210-AM WPHT in Philadelphia, respond to Glenn Beck's question regarding the economic future of the country. Peter Schiff believes that it could be a combination of the 1929 Great Depression, the 1979 economic stagflation and the 1989 Soviet-style collapse while Steve Cordasco thinks that it will look a lot like stagflation of the 1970s.

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Tags: stagflation inflation stagnation deflation economy financial gdp cpi economics gold oil dollar federal reserve glenn beck peter schiff steve cordasco 1979

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