U.S. and Europe Have No Excuse for Next Recession

June 6 (Bloomberg) -- Four years after the onset of the Great Recession, a second and possibly worse global slump is starting to seem possible. If this happens, governments won’t be able to say they were taken by surprise. It will happen because governments have frozen in the face of hazards that are well understood and readily avoidable.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.