There is a reasonably good chance (in the neighborhood of 50%) that the US will have a recession.

forecastpending

Speaker

Lawrence Summers

Evidence Quote

there's a reasonably good chance that we'll have a recession. Reasonably good is still what, 50%? In the neighborhood of 50%.

Source

Tariffs, Decline, and the Promise of AI | A Conversation with Larry Summers and Niall FergusonUniversity of Austin (UATX)
Created: 8/11/2026, 6:52:24 AM

My Notes

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