"The Lord said the economy of your nation will recover," Robertson told a group assembled at Founders Inn on the campus of Regent University in Virginia Beach, Va., a university Robertson founded.
Robertson said God also declared, "The steps taken will lead to a dramatic increase in the power of government. The people will welcome socialism in order to relieve their pain. Nothing will stand in the way of a plan by Obama to restructure the economy in the same fashion as the New Deal in the '30s."
Read more > Broadcaster's annual predictions also assure economic turnaround
In the interview with Meeuwsen, Robertson assures Americans that contrary to many economists' opinions, the economic recovery will be swift.
Socialist policies and massive government spending, Robertson told Meeuwsen, could lead to heavy hyperinflation, sending prices through the roof and the value of the dollar through the floor.