The Nobel prize-winning economist Paul Krugman has predicted that there will be a recession in America by the time Donald Trump comes up for re-election at the end of next year.
There will be one, sure. And Donald hasn’t aided matters by the tax cutting stimulus at the top of the cycle. But there’s 18 months to go and we’d need 6 months of negative growth to be in recession – unlikely to say the least.
Possible, sure. But I tend to think that’s Krugman the columnist talking there, not Krugman the economist.