Former Clinton Treasury Secretary Larry Summers joins Andrea Mitchell with his assessment of the likelihood that the U.S. is headed towards a recession. “The odds are very high, perhaps over three quarters, that in the next year or two we will have a recession,” says Summers. “I think that's just what happens when you have an economy that is as overheated as our economy was allowed to become.
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Larry Summers: Odds Are ‘Perhaps Over Three Quarters’ Of Recession In The Next Two Years
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