Trump's prediction of 'massive recession' puzzles economists


  • World
  • Monday, 04 Apr 2016

U.S. Republican presidential candidate Donald Trump talks with the media as he stops in for breakfast at Miss Katie's Diner, while campaigning in Milwaukee, Wisconsin April 3, 2016. REUTERS/Darren Hauck

WASHINGTON (Reuters) - Donald Trump's prediction that the U.S. economy was on the verge of a "very massive recession" hit a wall of scepticism on Sunday from economists who questioned the Republican presidential front-runner's calculations.

In an interview with the Washington Post published on Saturday, the billionaire businessman said a combination of high unemployment and an overvalued stock market had set the stage for another economic slump. He put real unemployment above 20 percent.

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