“According to Jan Hatzius, the chief U.S. economist of Wall Street’s most influential firm Goldman Sachs (GS), the next recession in the US “is years away.”
“There’s still a long way to go. The unemployment rate is still 9%, we are nowhere close to a really tight labor market that usually precipitates a recession. So I think we’re still be in a recovery for a few years,” Jan Hatzius told CNBC Tuesday.
Starts at the end of clip: 9:10”
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If by “years away” you mean tomorrow, then yes, I agree with you.
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Vampire Squid, Minion Class
The next one ? We couldn’t get out of this one yet. What fucking idiot talks about the next one when we are still in a recession.
Would you talk about the next time you will have a baby, when your wife is having a baby ?