Recession on the horizon

By Martin Hart-Landsberg (originally published by Monthly Review Online) – According to Bloomberg News, analysts at a number of major financial institutions see “mounting evidence” that a recession is not too far away.

In a way, their assessment is not surprising. The current expansion, which started in June 2009, is now 99 months long, making it the third longest expansion in U.S. history….

[Cross-posted from Monthly Review Online Publication of Agust 29, 2017
at https://mronline.org/2017/08/29/recession-on-the-horizon/]

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