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Recession Expectations

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Former US Treasury Secretary Lawrence H. Summers discusses the outlook for monetary policy and why he believes a recession is “almost inevitable.”
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49 Comments

49 Comments

  1. @okinawanah3463

    January 12, 2024 at 4:59 pm

    went completely off topic towards the end

  2. @marisahokefazi4735

    January 12, 2024 at 4:59 pm

    Maybe if the administration stopped cowering to corporate lackeys and started listening to rice we wouldn't be having such steep inflation.

  3. @MLTUNESMRD

    January 12, 2024 at 4:59 pm

    USA is about to become the countries it tried to destroy with illegal sanctions, countries like Zimbabwe and Venezuela

  4. @thatguybill34

    January 12, 2024 at 4:59 pm

    We are in a recession now headed for a depression. Prepare and Buckle Up!

  5. @onelove9101

    January 12, 2024 at 4:59 pm

    america is finished.

  6. @GoBrand0n

    January 12, 2024 at 4:59 pm

    Democrats Appetite for Destruction 🤮

  7. @tmoore007

    January 12, 2024 at 4:59 pm

    So many talks and rumors about inflation and if we are in a recession. Tell me is that all we are focused on. Could it be the beginning of something even worse than both. In the bible it talks about The Great Tribulation. Let's see who knows what this is. The answer is in the bible. Seek and ye shall find.

  8. @ajcates9136

    January 12, 2024 at 4:59 pm

    It’s transitory

  9. @philakeane8081

    January 12, 2024 at 4:59 pm

    Got to love the absolute bullshit here

  10. @Tamarind525

    January 12, 2024 at 4:59 pm

    When will Larry Summers go away? It’s like every time I see Jeffrey Tubin talking head, literally, for CNN.

  11. @Alexandrite.101

    January 12, 2024 at 4:59 pm

    Good grief, where did they find this guy?!
    1. The next financial crash IS going to be nothing like the Covid crash or the GFC because there has never been so much leveraged debt in the system as there is today, so it's going to be MUCH worse… think 1929 scale.
    2. His statement that the property market is in a better position now than in 2008 is laughable. In case you didn't notice we have the BIGGEST property bubble in history right now and when it crashes it's going to make 2008 look like a practice run.

    I have a question for you. How do you imagine world governments are going to pay off the MOUNTAIN of debt they have created, other than hyper-inflating their currencies?

  12. @tsvetinav

    January 12, 2024 at 4:59 pm

    There are things said that I agree with – we can delay the recession by 1 or 2 years.
    And there are things I can't agree with:
    – there is no reason the inflation to be as bad as during Covid
    I call bullshit on the second one. There are plenty of reasons for that…

  13. @13salinaspride

    January 12, 2024 at 4:59 pm

    I hope for a recession so I can buy up everyone's shit for cheap.

  14. @JK-hj7cf

    January 12, 2024 at 4:59 pm

    Giving back the power to States to determine their own abortion laws is constitutionally the right decision, abortion should never have been submitted to the Federal Government power

  15. @richardg4764

    January 12, 2024 at 4:59 pm

    The economy is not heading for a recession. Employers can’t find enough workers not and the government spending for infrastructure is coming online looking for more workers. Inflation is so high because if the fed chair and he Republican policies. 7 trillion dollars sitting in the fed balance sheets is causing the inflation along with low interest rates for years now. Fed chair needed to go when Trump was moved out of office.

  16. @suskelleykelley7241

    January 12, 2024 at 4:59 pm

    I may sell my car which I still make payments on and high insurance with no tickets no accidents!! Plus cost of gas going out of sight!! I will gets electric golf caddy here in Florida because I live. Blocks from stores banks hospital drug stores and be done with this nonsense!!!we have a van pick you up and take ya anywhere for a dollar!!! I figure I will have 600 dollars more a month

  17. @damiennezar3613

    January 12, 2024 at 4:59 pm

    if I am new to investing, do I invest now or wait for the 2nd quarter results ?
    If so, what would you recommend I invest in?

  18. @andrenguyen9787

    January 12, 2024 at 4:59 pm

    No one has the rights to kill babies, born or unborn. A culture that allows it is a dead culture.

  19. @RainRay1

    January 12, 2024 at 4:59 pm

    he really needs to go to toastmasters! all the uh's is killing me!

  20. @harryholiday5356

    January 12, 2024 at 4:59 pm

    Anything that Summers says is only to advance the ruling class. He is a fascist promoter and doing a good job. He is one of the one's who has caused this whole problem from day one. Have no use for this man's opinion.

  21. @willlongacre4900

    January 12, 2024 at 4:59 pm

    Larry summers- the political hack.

  22. @jaym9846

    January 12, 2024 at 4:59 pm

    If all countries have been printing money since the financial collapse in 2008, how can we have low inflation?

  23. @BigChrisENT

    January 12, 2024 at 4:59 pm

    I bet Peter Griffin cuts his lawn… 😅

  24. @mohawk548

    January 12, 2024 at 4:59 pm

    The only thing can save this country now is to work closely with China .This is what every politicians dare not tell to its ppl ~

  25. @jaspajones7045

    January 12, 2024 at 4:59 pm

    More worried about recession than roe vs wade.

  26. @mumbledjumbledxxxxxxxxxxdy1271

    January 12, 2024 at 4:59 pm

    I hope recession happens

  27. @marciakuss5341

    January 12, 2024 at 4:59 pm

    The greed of the millionaires and billionaires is unbelievable. They want the money from the increased housing rates and rentals. The plan for many are also to buy cheap when everything falls. Tax the rich.

  28. @rjs7984

    January 12, 2024 at 4:59 pm

    I want inflation to stay permanently.

  29. @gcdhvf4896

    January 12, 2024 at 4:59 pm

    Yeah well, Islam instructed you correctly but you chose badly… Now you will suffer the way you made others do so!

  30. @user-yk5hc4qt1n

    January 12, 2024 at 4:59 pm

    how was it a divided court? when the decision was 6-3?

  31. @dogefromthefuture5092

    January 12, 2024 at 4:59 pm

    3:28 – The government always uses distractions to draw attention away from the real issues.
    Here, it's obviously boobs and a red dress.

  32. @dogefromthefuture5092

    January 12, 2024 at 4:59 pm

    – Remember when inflation was "transitory"?
    – Remember when we thought it peaked in may? Then it went up in June….
    – Wait for housing prices and sales to drop, which will significantly reduce state budgets and spending in the big cities…

  33. @winluben2909

    January 12, 2024 at 4:59 pm

    Instead of raising rates why not fix the supply problem??

  34. @tresnadwipayana4473

    January 12, 2024 at 4:59 pm

    that bastard Zelensky and his allies

  35. Dragon Warrior

    January 12, 2024 at 4:59 pm

    Not 2-3 yrs u clown.
    It is happening now and the inflation Dragon will destroy the US of A and Europe.
    Long pending apocalypse in West!

  36. @the93vigor41

    January 12, 2024 at 4:59 pm

    Baby boomers fucked us all and will soon suffer more then they can amagine. 🖕

  37. @JBlazeCalifornia

    January 12, 2024 at 4:59 pm

    This guy isn't saying anything 🙄

  38. @JBlazeCalifornia

    January 12, 2024 at 4:59 pm

    Ahhh boring af

  39. @Essays4College

    January 12, 2024 at 4:59 pm

    A recession will be great. Too many employees have gotten too comfortable. A job loss is what it takes to get many to live responsibly and get out there and hustle.

  40. @ketangulmani7930

    January 12, 2024 at 4:59 pm

    Awesome analogy about antibiotic.

  41. @antonypeter6892

    January 12, 2024 at 4:59 pm

    The market is very unstable and you can not tell If it's going bearish or bullish. I advise everyone to forget predictions and start making a good profit now because future valuations are all speculations and guesses. When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me.But all thanks to Jeff Erno for his amazing skills for helping me. Trading went smooth for me as I was able to raise over 9 BTC when I started at 2.5 BTC in just 5 weeks of implementing trades with signals and insights from Jeff Erno, I would advise you all to trade your asset rather than hold for a future you aren’t sure about..

  42. @sdgoodguy7345

    January 12, 2024 at 4:59 pm

    Wow I love Larry he’s so insightful, very well done interview.
    What about racism against other Asian Americans, or minorities? Hmmmm make them pay taxes but other than that they don’t count! Taking about equality.

  43. @ledhalenV

    January 12, 2024 at 4:59 pm

    Why would you ask an economist his opinions on constitutional law? He’s not an expert of all things. You should stick to what he knows and he should only comment on things he understands. I used to like the show, but I don’t want to hear his every opinion. The court ruled on complicated matters. Why would you polarize your audience?

  44. @swaep114

    January 12, 2024 at 4:59 pm

    Only Expansion in EV $ector.? * ALPP.. Up 24 % Week.. Alpine 4 Holdings. U.S. Manufacturing. Revenue Up 195 % in 1st qt. EV Parts, EV Graphene batteries, more. .* FFIE..2 % Gain Fri.. Faraday Future. New FF 91 Futurist $ 180,000 EV Pre-Order Video Commercial. .. Pre-Orders SOLD OUT for $ 300,000 FF 91 Futurist Alliance model. Over 175 Global videos/ shorts.

  45. @firstlast1732

    January 12, 2024 at 4:59 pm

    Who cares about this guys personal opinion if you want to do something go run for Supreme Court Justice otherwise you’re just another asshole with an opinion

  46. @seanregehr4921

    January 12, 2024 at 4:59 pm

    Those who are pro-abortion are pro-murder. They too will be judged accordingly by the Almighty who defines all law in this His Kingdom! Deal with it or be judged all the same.

  47. @caroleekeith2823

    January 12, 2024 at 4:59 pm

    Deregulated corporate capitalism is nothing more than greed run amuck. Greed destroys everything, including itself.
    Vote Democratic for a more stable society. Vote trumpllican and we are doomed.

  48. @davidblick2192

    January 12, 2024 at 4:59 pm

    Our constitution does not speak of abortion. The Supreme Court just sent it back to the States. The Constitution does speak about the Right to Bear arms. In fact it says that it shall not be infringed. The Court is doing a good job. For a long time the liberal court has been making laws from the bench. Now that that is being reversed the democrats are complaining.

  49. @davidblick2192

    January 12, 2024 at 4:59 pm

    Read the Bible for values and answers.

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