Rosenberg: global recession coming, no quick path out

“This is going to be a capital-spending-led recession,”Rosenberg, the senior economist and strategist at Gluskin Sheff + Associates told BNN Bloomberg in an interview on Thursday. “The consumer will follow like a domino….

“We don’t have the traditional fiscal, or, certainly monetary policy bullets anywhere in the world to fight the next recession,” he said. “So, I think that’s something else we have to consider: It’s not really about peak-to-trough decline. It’s: Once it starts, how do we get out of it?”Here is a direct video link.

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Markopolos explains GE fraud allegations

Bernie Madoff whistleblower Harry Markopolos joins “Squawk on the Street” to discuss his fraud allegations against General Electric, and why he believes the company is headed for bankruptcy. Here is a direct video link.

Forensic Accountant and Bernie Madoff whistleblower Harry Markopolos discusses his 175 page report claiming General Electric committed $38 billion in accounting fraud. Here is a direct video link
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Danielle’s biweekly market update

Danielle was a guest with Jim Goddard on Talk Digital Network, talking about recent developments in the world economy and markets.

You can listen to an audio clip of the segment here.

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