Gary Shilling thinks the Fed could cause the next recession

This video was originally published on November 26, 2018. Gary Shilling has made a career out of predicting bubbles. So what are the big risks he sees out in the global economy now? It's not necessarily a major shock that could drive the U.S. into a recession immediately, he says; he's concerned about emerging market debt the Federal Reserve raising interest rates.
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Mon, Nov 26 20188:13 AM EST