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Five to ten years of prosperity warned by Babson
Economist Roger W. Babson who correctly predicted the 1929 crash says prosperity could stretch five or ten more years. He notes current steel labor talks, praises restraint on fourth wage rounds, and contrasts pensions with price pressures as a stabilizing factor. Prices and markets have fallen but may rise again, with some real estate potential.
MENTIONED IN THIS ARTICLE
Roger W. Babson
Babson
Wellesley
Mass
Truman