[quote=FlyerInHi]This is what Bob Shiller says about the next recession. He equivocates but he’s pretty much saying that we are due for a recession. https://youtu.be/rUYk2DA8PH8%5B/quote%5D
Shiller’s views from the preface of a book published in 2012:
“Efforts by governments to solve the underlying problems responsible for the [2008] crisis have still not gotten very far and the ‘stress tests’ that governments have used to encourage optimism about our financial institutions were of questionable thoroughness,” Shiller writes in the preface to his latest book: Finance and the Good Society. “As I write in 2012, we certainly do not believe that [the crisis] is over yet, and the worst may be yet to come.”
