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Your Weekend Reading: The Worst Is Yet to Come

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Bloomberg business news

Nouriel Roubini warns about a looming credit crisis and says he sees a “rolling” global recession.

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It was the fastest-ever descent from an all-time high: the end of the bull market seemed to come out of nowhere. For some, the speed of the meltdown was a cause for concern—good luck if you tried to access your day trading account. As central banks and governments stumble into action, John Authers writes in Bloomberg Opinion that history suggests the worst is yet to come.