Stephen Roach, the chief economist at investment banking giant Morgan Stanley, has a public reputation for being bearish. His prediction: America has no better than a 10 percent chance of avoiding economic "armageddon.''
Krugman: Economic Crisis a Question of When, Not If:
The economic policies of President Bush have set the country on a dangerous course that will likely end in crisis, Princeton economics professor Paul Krugman told Reuters in an interview.
From Information Clearing House
Economic 'Armageddon' Predicted