Roubini Says Markets Too Complacent, Chance of Recession Over 25%

The transcript discusses the potential for a global recession, highlighting risks such as trade wars, geopolitical tensions, and supply shocks. It examines market complacency and the impact of negative interest rates, focusing on the shadow banking system and corporate debt. The conversation also explores the implications of deglobalization and the fragmentation of global supply chains.

How do negative supply shocks affect inflation and growth?

What are the potential consequences of a trade war between the US and China?

What changes in the global economy are anticipated due to deglobalization?