Ben Bernanke: The US Economy Is Going To Go Off The Cliff In 2020 | Zero Hedge

 

Today, none other than former Fed Chair Ben Bernanke repeated the same assessment almost verbatim in explaining his own suddenly quite dire outlook on the economy.

Bernanke, the same man who once charged a room full of bankers $250,000 for the sage projection that interest rates would never normalize during his lifetime, now believes the US economy, which in May entered the second-longest period of expansion in modern history… is headed for a “Wile E. Coyote” moment in 2020, just in time for Trump re-election, according to Bloomberg.

via Ben Bernanke: The US Economy Is Going To Go Off The Cliff In 2020 | Zero Hedge