Goldman Sachs Chairman Lloyd Blankfein warned that the risk of the U.S. falling into recession is “very, very high.” “If I were running a big company, I would be very prepared for it” Blankfein said referring to recession. “If I was a consumer, I’d be prepared for it.†The doom and gloom comes as Americans grapple with surging gasoline, food, and housing prices, as well as a shortage of baby formula.
