Weinberg Says European Economy on Course for Depression (Audio)




The Bloomberg Advantage show

Summary: Oct. 25 (Bloomberg) -- Carl Weinberg, president of High Frequency Economics, says Europe "is heading for an event that is much more akin to the Great Depression than to any other economic business cycle we have seen in our lives," with cascading bank failures and steep credit contraction. Weinberg talks with Bloomberg's Kathleen Hays on October 24 on Bloomberg Radio's "The Hays Advantage." (Source: Bloomberg)