America's seemingly strong economic growth is sounding the alarm.
Although the latest economic data such as employment is quite beautiful, former US Treasury Secretary Summers reminded that the current US economic situation is strikingly similar to the situation before several recessions in history.
Some economists have also warned that aggressive monetary tightening by the Federal Reserve could tip the U.S. economy into recession in the face of the highest inflation in more than 40 years.
What's wrong with the U.S. economy?
Will the history of recession really repeat itself?
Responsible editor: [Luo Pan]