We're not headed for another global financial crisis, top UBS economist says after recession warning

We're not headed for another global financial crisis, top UBS economist says after recession warning

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Despite indicators like U.S. credit card debt pointing toward financial and economic pressures, another global financial crash is not imminent, UBS chief U.S. economist Jonathan Pingle believes. U.S. credit card debt soared to $1.08 trillion in the third quarter of 2023, data from the Federal…

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