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The Return Of The Great Depression?

Sean was joined by author and columnist Vox Day in the show's final hour to talk about his book, "The Return to the Great Depression." You would think a book that tackles such a complicated issue as global economics would be a tough read, but it's actually quite the contrary. Vox Day - one of the few economics writers to predict the current worldwide financial crisis - explains why it is likely to continue.

Day explained that the policies being pursued in Europe, Asia, and the United States are very similar to Japan's failed policies of the past twenty years and, therefore, doomed to similar results. Day explained to Sean that he believes the world is in the early stages of a massive economic contraction. As suggested by the title of the book, Day believes the most probable outcome of our current economic problems is a Great Depression that will be larger in scale than that of the 1930s.

For a fascinating look at some of the economic struggles in the world and what may lie ahead take a look at "The Return to the Great Depression" by clicking here.







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