October 13, 2010
Earlier this year, noted economist Gary Shilling went On the Record with TranzAct to discuss where the economy was headed in 2010. The response to the interview was exceptional and several people asked us to bring Gary back to share his insights.
After returning from the recent CSCMP Conference, it's obvious: the economy is the hot topic. As a veteran of this event, I can say that this year's Conference had a different feel. There was the usual enthusiasm for innovative supply chain ideas and processes, but there was also a sober undercurrent about the economy, the employment picture and the future of this country.
This air of sobriety was reflected in a dinner discussion with some senior supply chain executives. In discussing the following question: "Looking out over the next 12 - 24 months, where do you see the economy headed?" many of the responses started out with: "I hope..." but soon morphed to "but, I am concerned..." They then shared their thoughts about why we're a long way from being out of the woods. People were discussing whether there will there be some sort of recovery, a double dip recession, or worse, are we headed for a depression?
So upon returning we decided it was time to call Gary and ask him to join us for another On the Record session about the economy and his thoughts about what's ahead.
Dr. Gary Shilling, economist and President, A. Gary Shilling & Company, established his firm in 1978.
Dr. Shilling is a featured columnist in Forbes magazine, as well as a regular contributor for The Wall Street Journal and The New York Times, among others. He also appears frequently on radio and television business shows and is regularly on CNBC.
In this interview, Gary addresses his predictions regarding a national depression, future growth and the potential of the actions of our political leaders that could trigger a double dip recession. He is enlightening as he addresses these concerns and more, in a candid and forthright manner.
If you are interested in how the economy will affect your business or your own personal financial portfolio, then listen to this interview. We know that everyone is very busy so you may be asking yourself: Do I have the time to listen to an economist? Here is a suggestion, listen to the first 5 to 7 minutes and then decide whether this interview is worth listening to in its entirety. Some friends who listened to this interview confirmed that it was informative, fast-paced and worthwhile.
Click here to subscribe to A. Gary Shilling's INSIGHT Newsletter.
Mike Regan
TranzAct Technologies
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