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During late Autumn 1956, in connection with a marketing study, I forecast the imminence of a major U.S. economic recession, triggered by the over-str… - Lyndon LaRouche
" "During late Autumn 1956, in connection with a marketing study, I forecast the imminence of a major U.S. economic recession, triggered by the over-stretching of a post-1954 credit-bubble centered in financing of automobiles, housing, and analogous consumer goods. This recession broke out in February 1957 statistics, and was generally, if reluctantly acknowledged to have occurred several months later. The recession-spiral lasted into mid-1958, and was followed by a prolonged stagnation until an upturn appeared under the Kennedy administration.
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About Lyndon LaRouche
Lyndon LaRouche (September 8, 1922 – February 12, 2019) was an American political activist, writer, and conspiracy theorist. He founded several political organizations in the United States and elsewhere, cumulatively referred to as the LaRouche movement. He was a perennial candidate for President of the United States, running eight times between 1976 and 2004.
Also Known As
Birth Name:
Lyndon Hermyle LaRouche Jr.
Alternative Names:
Lyndon Hermyle LaRouche, Jr.
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Lyndon Hermyle LaRouche
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Lyndon LaRouche, Jr.
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Additional quotes by Lyndon LaRouche
The record shows, that for nearly thirty years, elements of the U.S. Department of Justice have been engaged in world-wide political targeting of me and my associates. This includes early 1970s operations run in conjunction with Secretary of State Henry A. Kissinger's U.S. State Department. During the last ten years or so of that period, some U.S. officials, and others, have challenged the relevant agencies with some of the evidence which shows, that those prosecutions and correlated harassment of me and my associates, had been clearly fraudulent, politically motivated targeting.
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