According To Deutsche Bank, The “Worst Kind Of Recession” May Have Already Started
by Tyler Durden
ZeroHedge.com
05/07/2016
According to Deutsche Bank the worst kind of a recession, an “endogenous one” in which labor demand plunges as “corporations are not just tired of negative profit growth, but also because they are drawing a line in the sand from the perspective of defending margins” may be imminent… or is already here because based on “payroll reports like last week’s suggest it could be around here.”
The Rest…HERE
