# Professor Edward Altman is quoted in an article on the next economic crisis

1 Faculty News March 26, 2019 ![Business Insider logo](/sites/default/files/styles/246w/public/assets/images/business%20insider%20logo.jpg?itok=0MJSCdPh)>

Excerpt from [Business Insider](https://www.businessinsider.in/the-next-economic-crisis-is-almost-here-will-it-be-worse-than-2008/articleshow/68556273.cms) -- "'Impact of the crisis will depend on the level of debt. Debt levels in US are twice as much as it was just before 2008 crisis. Default rate when it rises it will rise against a lot more debt than ever before,' [Altman](https://www.stern.nyu.edu/faculty/bio/edward-altman) told Business Insider in an interview in February."

[Read more](https://www.businessinsider.in/the-next-economic-crisis-is-almost-here-will-it-be-worse-than-2008/articleshow/68556273.cms)