Nobel Prize-winning economist Paul Krugman says bond market signals are flashing “a pretty good chance of a recession sometime in the next year or so.”
He points out that China is struggling and Europe may already be in a recession.
But Krugman says it is unlikely that only one factor will cause the next financial downturn. The deflation of a tech bubble and corporate debt could also come into play.
www.cnbc.com/2019/04/12/paul-krugman-next-recession-smorgasbord.html
Views: