Surveillance: Greenwich Economic Forum
Bloomberg Surveillance
00:00
Is There Going to Be ADefault Cycle?
"When you can't slow down the economy with the brakes that the monetary policy is leading to today without expecting some accidents, it's going to happen," he says. "There's going to be a default cycle. It may not be as pervasive but there will be some companies and also ... interest costs have increased dramatically on a floating rate basis"
Play episode from 15:57
Transcript
