Charting the Course of the Global Economy
Real Vision: Finance & Investing
00:00
The Risk of a Balance Sheet Recession in the United States
There's been a lot of talk in the last 36 months about how we've had sort of an everything bubble is what people refer to it where, you know, bonds were bubbly and stock market was frothy. Do you think there's a risk of the United States having a Japan like balance sheet recession going forward? "I'm glad to note that so many policymakers within the Obama administration that understood that it was a balance sheet recession," says Beninkey.
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