Poll: 45 percent of Americans expect another Great Depression [View All]

[bemildred]

Source: Phoenix Business Journal/CNN

A new CNN/Opinion Research poll shows a growing number of people think another Great Depression is in the offing.

Forty-five percent of people questioned in the survey said a depression is likely within the next year.

In December, 38 percent of respondents to the same survey said the country would enter another depression in 2009.

Federal Reserve Chairman Ben Bernanke has a more positive view. Asked during an interview with CBS on Sunday whether the country is headed into a new depression, he said, “I think we’ve averted that risk. I think we’ve gotten past that.”

Read more: http://www.bizjournals.com/phoenix/stories/2009/03/16/daily14.html