'I don't know when a recession is going to occur. We have one, on average, every 7 years. We're now at 10 years,' says David Rubenstein, Carlyle Group co-founder and co-CEO, on SquawkCNBC.
David Rubenstein, Carlyle Group co-founder and co-executive chairman, joins "Squawk Box" to discuss why he says the US economy is due for a recession.
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