It would be a 'miracle' to escape a recession and the erosion of credit is similar to 2008, top economist David Rosenberg warns

It would be a 'miracle' to escape a recession and the erosion of credit is similar to 2008, top economist David Rosenberg warns

Upworthy

Published

None The US looks likely to tip into a recession in about six months, according to David Rosenberg. • None The top economist warned that the deterioration of credit quality is reminiscent of 2008's mortgage crisis. • None "I think that if we escape this little recession, it'll be a miracle," he…

#davidrosenberg #federalreserve #sethcarpenter #bankofamerica #yolo #macy #lowe

Full Article