Stiglitz Says U.S., Europe Face Serious Double-Dip Risk

Joseph Stiglitz, a Nobel-prize winning economist and a professor at Columbia University, discusses the risk of a recession in the U.S. and Europe.

He spoke with Bloomberg HT's Cuneyt Basaran in Istanbul. (Source: Bloomberg)

00:00 Risk of recession; Fed, U.S. fiscal policy 02:25 Greek default "can be avoided"; politics 03:51 Emerging markets; Turkish economy

Running time 06:35