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Economists Warn Of A Recession In The Next 4 Years

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A trader works on the floor of the New York Stock Exchange on Oct. 7, 2008, during the last major economic downturn. (Mario Tama/Getty Images)
A trader works on the floor of the New York Stock Exchange on Oct. 7, 2008, during the last major economic downturn. (Mario Tama/Getty Images)

A survey by the Wall Street Journal found that economists think there is a 60 percent chance that there will be a recession in the next four years.

Here & Now's Robin Young speaks with Jill Schlesinger of CBS News about the factors behind this belief, and whether economists have predicted past recessions.

Guest

Jill Schlesinger, CBS News business analyst and host of "Jill on Money." She tweets @jillonmoney.

This segment aired on October 17, 2016.

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