Although a recession could occur during the next presidential administration (likely?), his reasoning behind it (We have a recession every 8 years or so) is lame. The man is definitely better at cronyism than economic theory.
-RWDavid Rubenstein says next president will likely face recession in first term. Watch live https://t.co/H89WE9USD2 https://t.co/Y8gljhpsbQ— Bloomberg TV (@BloombergTV) May 11, 2016