Global Great Depression 2.0. Are We Heading There?

Governor of The Reserve Bank of India: Raghuram Rajan (don’t know him? He predicted 2008, look it up): Global economy may be heading towards another Great Depression.

[Update: The Reserve Bank of India on 28 June clarified that “Governor Rajan did not imply or suggest that there was any risk of the world economy, which is in steady recovery notwithstanding uncertainties like those in the Euro area, slipping into a new Great Depression.”]