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Blue Chip Economic Forecaster Says Media Is Making Crisis Worse

LAS VEGAS -- Granted, the global markets are facing the most serious challenge since the Great Depression, but Blue Chip Economic Forecast contributor Jeff Thredgold told his ACUMA keynote audience that not only will the U.S. weather the storm, but 10 years from now, he'll be discussing the next big...

By Heather Anderson | Updated on October 21, 2008

LAS VEGAS — Granted, the global markets are facing the most serious challenge since the Great Depression, but Blue Chip Economic Forecast contributor Jeff Thredgold told his ACUMA keynote audience that not only will the U.S. weather the storm, but 10 years from now, he’ll be discussing the next big economic threat.

“We do this every 10 years, and the national media always predicts the next Great Depression,” Thredgold said, reminding the audience of the big stock market crash of 1987, and the 1997 Asian financial crisis.

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