Strategist: US economy 'dangerously close' to recession

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  • Published on Sep 19, 2019
  • Deutsche Bank Chief Global Strategist Binky Chadha explains why he thinks the US economy is much closer to a recession than some people realize. #CNNBusiness

Comments • 66

  • Dee Shiznittlebaum
    Dee Shiznittlebaum Month ago +1

    Also if he knows what’s up why is he not a billionaire. He is old as shit and an expert yet his bankroll is still not on swoll

  • Dee Shiznittlebaum
    Dee Shiznittlebaum Month ago

    Lets not tip toe around the tulips, YOU ASSHOLES ARE WISHING FOR A RECESSION SO YOU CAN HAVE A TALKING POINT TO WEAR THE HELL OUT AGAINST TRUMP.........YOU GUYS ARE PATHETIC.

  • Dee Shiznittlebaum
    Dee Shiznittlebaum Month ago

    How are your apples sir, do they taste as good as you imagined?

  • FellTheSky
    FellTheSky 2 months ago

    recession is already here. Not trumps fault, is just that the last recession was artificially ended by the fed. Now payday its coming.

  • Martin Grey
    Martin Grey 2 months ago

    Close??? Hahaha

  • Hermit Ally
    Hermit Ally 2 months ago

    Jack ass! Binky Chadha laughing like a devil about a recession! Lets hope he suffers the same fate as the rest of us on a basic salary and income.

  • Rajesh Singh
    Rajesh Singh 2 months ago

    The problem is always the interviewers. They don't let them speak.

  • Talented Pen
    Talented Pen 2 months ago

    Stop being lied too, know the truth! --> ru-clip.com/video/obn9wh67HJM/video.html

  • john Tan
    john Tan 2 months ago +1

    CNN are fake news propaganda media’s 🤮🤮🤮

    • Martin Grey
      Martin Grey 2 months ago

      Therefore the Federal Reserve is not buying Repo-ing like mad to prop up insolvent corporations.

  • Miss Chicka
    Miss Chicka 2 months ago

    Who let him out of the office?

  • Dawn Witmer
    Dawn Witmer 2 months ago

    CNN is the Enemy of the American people!

  • Jim Leung
    Jim Leung 2 months ago +1

    Is he reliable on this subject? This is cnn though..lol. Lots of recent mass shootings might be a sign. Just now shooting in Washington DC .

  • eli kimball
    eli kimball 2 months ago +1

    db not a bb

  • Chris Gouger
    Chris Gouger 2 months ago +3

    They've been saying it for entirety of Trumps 1st term. Eventually they will be right.

  • Mouse Bones
    Mouse Bones 2 months ago

    Smdh. Trump2020!

  • William Gates III
    William Gates III 2 months ago +1

    Democrats wish because they hate America

  • LittleBahamut
    LittleBahamut 2 months ago +14

    Suicide rates are going to be spiking again...especially in rural areas.

    • Daniel Daniel
      Daniel Daniel 2 months ago

      Been homeless for months myself and things are looking bleak right now

    • Hermit Ally
      Hermit Ally 2 months ago

      And this devil Binky Chadha is all gung-ho about it. Devil!

    • jack
      jack 2 months ago +1

      @Craig Szymanski because the local starbucks will close

    • Ioane
      Ioane 2 months ago

      👻

    • Craig Szymanski
      Craig Szymanski 2 months ago

      Why more so in rural?

  • Davide Tozzi
    Davide Tozzi 2 months ago +1

    #TeamJulia

  • Trade Wolf
    Trade Wolf 2 months ago +17

    Finally some truth spoken, this guy is on the money, recession here we go👍📉 📉

    • thegaygaymerchannel
      thegaygaymerchannel 9 days ago

      @John Neely I used to work at a warehouse that sold gold. Let me tell you, it is the most beautiful sight. Nothing else compares to it, so keep on buying gold. Fuck the dollar and stocks.

    • John Neely
      John Neely 9 days ago

      thegaygaymerchannel I agree. Make tons and tons of money on Stocks and use profits to buy gold. God bless America. LOL

    • thegaygaymerchannel
      thegaygaymerchannel 10 days ago

      @John Neely The dollar is going to be worth nothing once China and Russia dump their bonds and switch to another currency to trade oil.

    • John Neely
      John Neely 29 days ago

      Trade Wolf who cares about recession at this point. Us Smart folk have cleaned up in the last 3 years. Personally I have quadrupled my retirement and will not be relying on Uncle Sam. And a recession is good. It weeds out the weak so the strong get stronger. The strong being the middle class. I am guessing you were listening to the media and lost out on the big rise. Sorry for you.

    • Dee Shiznittlebaum
      Dee Shiznittlebaum Month ago

      Trade Wolf you wish for a recession so you can blame trump

  • Red Power.红色的力量
    Red Power.红色的力量 2 months ago +4

    “Trade war easy to win”

  • MoF
    MoF 2 months ago +5

    I would argue

    • Nawid Azadi
      Nawid Azadi 2 months ago

      Well if you argue that, then i would argue this

    • NextGeneration
      NextGeneration 2 months ago

      Your argument is far stronger. Keep going.

    • millertoyal
      millertoyal 2 months ago +1

      On what basis..??

  • Luis Rosales
    Luis Rosales 2 months ago +1

    The economy is still fine, and we're still hitting our GDP targets even with the ongoing tradewar.

  • Meredith Wilson
    Meredith Wilson 2 months ago +5

    It's Trump's fault. His trade war & policies are causing negative growth. Recession in 4 wks

    • John Neely
      John Neely 28 days ago

      Meredith Wilson The reason that you are not doing well is more likely because you make horrible decisions and has nothing to do with the president.

    • tim vanderlinde
      tim vanderlinde 2 months ago

      Meredith Wilson I also got a trailer from Obama. But guess what, I decided to get off my ass and quit begging for people to take care of me. I now have a nice home and I am not jealous of what other people have. You should try it instead of being a hillbilly.

    • Ron
      Ron 2 months ago

      @Meredith Wilson Oh yeah, I see how it is... the whole world is against you...

    • Meredith Wilson
      Meredith Wilson 2 months ago

      They haven't left Afghanistan yet, must be collecting all the opium in the country

    • Meredith Wilson
      Meredith Wilson 2 months ago +2

      Because they have more money for cocaine & weed

  • Oh no no
    Oh no no 2 months ago +3

    Stop stuttering!

  • Sebastian Molina
    Sebastian Molina 2 months ago +5

    Your a fool if your not stacking Bitcoin or crypto. Currently the biggest banks and Facebook are all creating a crypto currency to compete with the rise of bitcoin during the recession. Can’t wait for the shift 😊

    • Sebastian Molina
      Sebastian Molina 27 days ago

      Hermit Ally perfect time to buy low

    • Sebastian Molina
      Sebastian Molina 27 days ago

      Ruth Recalde then why is Facebook and Chase moving into the Cryptocurrency and blockchain space? Ruth blockchain and crypto currency is here to stay

    • Ruth Recalde
      Ruth Recalde 27 days ago

      Bitcoin or crypto is garbage,go to the stores to buy stuff and see who will take it, go to the banks and see if they will take it. Do not waste your money on that.

    • Hermit Ally
      Hermit Ally 2 months ago

      You must be feeling like an idiot right now after the crash

    • millertoyal
      millertoyal 2 months ago

      And how on Earth will you trade with a currency so volatile?
      It's $12000 in the morning, crashes to $6000 by sunset, & vice versa. How the hell can you price anything according to fair market value genius?

  • D.N.A DatNiccAleXXX
    D.N.A DatNiccAleXXX 2 months ago +12

    So trump is gonna drain the swamp? Looking he’s draining the economy dry

    • John Neely
      John Neely 28 days ago

      Meredith Wilson Listen Meredith, when Donald Trump took office I have $4000 in my retirement account. Within two years I had well over $100,000 in my retirement account. I make less than $40,000 a year. So I cannot believe what you are saying because my experience does not bear it out. Many people had believe that when Donald Trump was elected that everything would fall to shit. I am the other hand believe that it wouldn’t and invested as though things would rise. They rose for sure. Exceeding my wildest expectations.

    • D.N.A DatNiccAleXXX
      D.N.A DatNiccAleXXX 29 days ago

      John Neely damn you ain’t dead yet

    • D.N.A DatNiccAleXXX
      D.N.A DatNiccAleXXX 29 days ago

      ℛɛᴛʀᴏ ℛɛᴅ you wish you could bitch

    • John Neely
      John Neely 29 days ago

      D.N.A DatNiccAleXXX yes Trump drained it right into my retirement account. Loser.

    • ℛɛᴛʀᴏ ℛɛᴅ
      ℛɛᴛʀᴏ ℛɛᴅ 2 months ago

      Eat a black dick in prison nigga