HANG ON TIGHT: Nouriel Roubini says predictions for a mild recession are ‘delusional’ as severe financial crisis looms. “The famed economist, who called the 2008 financial crash, told Bloomberg that the economy is headed for a severe recession as well as a severe debt and financial crisis.”
Meanwhile: Yellen Says We’re Not In A ‘Recession,’ We’re In A ‘Transition In Which Growth Is Slowing.’