In 1998, economist Edward Yardeni of Deutsche Bank Securities predicted that the economic difficulties affecting Russia and Asia would soon spread to the US and Europe. In this interview from "Moneyline News Hour with Lou Dobbs," compare what Yardeni predicted would happen and what actually did happen.

Additional Tags

2001 recession, 2001 american economy, economic difficulties in russia, economic security

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Classroom Considerations

• Knovation Readability Score: 2 (1 low difficulty, 5 high difficulty)

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