Nouriel Roubini and Brunello Rosa, “The Makings of a 2020 Recession and Financial Crisis”
It’s hard to disagree with Nouriel’s warning: by 2020, the conditions will be ripe for a financial crisis, followed by a global recession. The global economy – that has been undergoing a sustained period of synchronized growth – will inevitably lose steam as unsustainable fiscal policies in the US start to phase out. Come 2020, the stage will be set for another downturn – and, unlike in 2008, governments will lack the policy tools to manage it (reads in 6-7 min).

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