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[quote=Anonymous]
What some people who know more than most of us about economic matters have to say about what's headed our way:

Nouriel Roubini:
Who: Economist known for predicting the 2008 financial crisis.

Statement: Warned of a "perfect storm" of risk factors, including persistent inflation, restrictive monetary policy, high private sector debt, and geopolitical tensions. He estimated an 80% probability of a recession by Q4 2025, citing vulnerabilities in corporate debt, with $2.8 trillion in leveraged loans and high-yield bonds needing refinancing at higher rates.

Jamie Dimon:
Who: CEO of JPMorgan Chase.

Statement: Initially dismissive of tariff concerns, Dimon recently shifted his stance, warning of potential recession, defaults, and a decline in the U.S. dollar’s value due to escalating trade tensions. This change was noted in posts on X on April 16, 2025.

David Solomon:
Who: CEO of Goldman Sachs.

Statement: On April 14, 2025, Solomon indicated that the prospects of a recession have increased, reflecting growing concerns about economic stability amid policy shifts.

Ray Dalio:
Who: American billionaire and founder of Bridgewater Associates.

Statement: On April 14, 2025, Dalio warned that the U.S. is near a recession, expressing deeper concerns about a potential breakdown of the monetary and global world order, drawing parallels to the 1930s due to debt, tariffs, and geopolitical shifts.

Janet Yellen:
Who: U.S. Treasury Secretary.

Statement: On April 14, 2025, Yellen reportedly stated that the U.S. would be "lucky to skirt a recession", highlighting the risks posed by current economic policies, particularly tariffs.

Rick Rieder:
Who: Chief Investment Officer at BlackRock.

Statement: On April 16, 2025, Rieder claimed the economy is in a recession now, advocating for increased investments in gold and cash as hedges against economic downturn.

Jeffrey Gundlach:
Who: CEO of DoubleLine Capital, known as the "Bond King."

Statement: Gundlach estimated a 50% to 60% chance of a recession, citing the uncertainty shock from evolving tariff policies as a key driver of economic slowdown.

Mark Zandi:
Who: Chief Economist at Moody’s Analytics.

Statement: Zandi told CBC News on April 9, 2025, that a global recession is virtually inevitable unless the U.S. significantly reduces or eliminates its tariffs, emphasizing the impact of trade wars on consumer spending and layoffs.

Bill Dudley:
Who: Former President of the New York Federal Reserve.

Statement: On March 11, 2025, Dudley noted that while it’s premature to forecast a recession, the risk has "definitely gone up" due to confusion and uncertainty surrounding tariff policies.

CFOs Surveyed by CNBC:
Who: A majority of chief financial officers in the CNBC CFO Council Survey.

Statement: On March 25, 2025, 60% of surveyed CFOs predicted a recession in the second half of 2025, with 15% expecting it in 2026. They cited Trump’s tariffs and chaotic policy implementation as major contributors to their pessimism.
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