Economy Is at ‘Point of Significant Danger,’ Says Orszag

Economy Is at ‘Point of Significant Danger,’ Says Orszag

Aug.10 — Peter Orszag, Lazard Group chief executive officer of financial advisory, sees another wave of restructurings on the horizon as the pandemic continues to pressure sovereign and corporate balance sheets. He says the U.S. economy is at a point of “significant danger.” He speaks on “Bloomberg Markets: The Close.” Orszag is also a Bloomberg Opinion columnist. His views are his own.

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