Knowledge@wharton

Global Interdependence: Are the U.S and Other Markets ’Sowing the Seeds’ for the Next Crisis?

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Despite renewed GDP growth and other positive signs the U.S. isn’t out of the woods says Wharton finance professor Franklin Allen. In fact the country could be heading into a ”double dip” scenario that tips it back into a recession. That depends on how a number of factors play out in the coming months -- or even years -- not only in the U.S. but also around the world. Global interest rate policies property markets and public deficits will all demand attention Allen notes in a recent interview with Knowledge at Wharton. See acast.com/privacy for privacy and opt-out information.