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2016-02-25

Citi: Here Comes a Global Recession


"In our view, global growth is at a highly precarious point, after 2-3 years of relative calm," the team of economists led by Willem Buiter said in their note, which is likely to exacerbate concerns about the world's ability to withstand a pause in China's stunning economic growth.



Bloomberg February 25, 2016 

http://www.bloomberg.com/news/articles/2016-02-25/citi-here-comes-a-global-recession

Chuck Prince, the former chairman and chief executive of Citigroup.

Mr Prince’s remark: “As long as the music is playing, you’ve got to get up and dance.” 

Note that he did not say “if” the music stops but “when”. 

John Gapper, FT November 14 2007



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