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There are enough economists that every possible prediction gets made. You shouldn’t lend credence to those who sow fear.
by jacksproit 8y ago
There are enough economists that every possible prediction gets made. You shouldn’t lend credence to those who sow fear.
- nopinsight 8y agoIIRC, it was a survey of at least almost a hundred economists and 80% said by 2020. I also read reasonings by Roubini who predicted the 2008 Great Recession correctly and Martin Feldstein at Harvard. They sounded quite convincing. Interestingly, I did not encounter any opinion by an economist that it is unlikely to occur before 2020. The flurry of upcoming IPOs is also partial evidence of what top VCs and executives at major tech startups think.
- sjg007 8y agoOk. so what is the cause of this great recession? Nafta? China? What?
- deleted 8y ago[deleted]
- disgruntledphd2 8y agoRising interest rates and corporate debt, at a guess.