Bloomberg News

Blanchard Sees Risk of Global Recession If Europe ‘Goes Wrong’

January 24, 2012

Jan. 24 (Bloomberg) -- Olivier Blanchard, the chief economist for the International Monetary Fund, said today that “there is clearly this risk that something goes wrong in Europe, in which case all bets are off. And then it could really be a global recession.”

Blanchard was speaking in a CNBC television interview.

To contact the editor responsible for this story: Kevin Costelloe at

China's Killer Profits
blog comments powered by Disqus