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Economy / Depression Factors #310170

CBS Evening News for Thursday, May 08, 1986
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(Studio: Dan Rather) Report introduced.

(NYC: Jane Bryant Quinn) Similarities and differences between United States economy now and in 1929 immediately prior to Great Depression examined; historical footage shown. [Econ. John Ken. GALBRAITH, Jay FORRESTER, analyst Robert PRECHTER - discuss similarities.] President Calvin Coolidge, whose picture is on President Reagan's desk, recalled sending Marines into Nicaragua. [PRECHTER - predicts stock market crash in 1988.] [FORRESTER - describes predicted cycle of decline.] [Analog Devices spokesperson Ray STATA - explains taking such predictions seriously.] [Broker Lucien HOOPER -disagrees; explains.] [INVESTORS - comment.] [GALBRAITH - notes new economy structure cushioning falls.]

Quinn, Jane Bryant;
Rather, Dan

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