What the ‘Chart of Doom’ is saying about a global recession
February 08, 2016 at 14:49 PM EST
The Chart of Doom shows credit dropping off in the U.K., Japan, and the eurozone while remaining expansionary in the U.S. and China. Under this argument, once the trend in credit growth reverses in the U.S. and China, there is little to stop the global economy from falling off a cliff.