Mark Zandi says corporate debt could cause the next recession
This video was originally published on January 14, 2019. Chief economist of Moody's Analytics Mark Zandi says corporate debt could potentially trigger the next recession, which he expects to happen in 2020. He also talks about the $1.5 trillion of outstanding student loan debt has created a 'crisis' for young Americans. It's part of the reason millennials are waiting longer to start families, buy houses, and launch businesses. Trump's immigration policies also are having an impact.