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2016-01-24 00:05:50 Post No. 1056830
Post No. 1056830
The world cant handle a natural recession.
Any shrinkage in european GDP is going to cause the eurozone to crumble.
The dollar will subsequently rise, causing deflation in the US, and there is a strong possibility of contagion in US banks from a Euro collapse.
Absolute worst case scenario is the a subsequent ignition of a debt crisis in the US
This recession is the recession of sovereign debt crises.
Im absolutely astonished CNBC and even alternative outlets havent implicated the Eurozone as a huge risk in this market.