Stocks may crash 30%, a recession looks imminent, and commercial real estate is a bubble about to burst, market prophet says. Here are Gary Shilling's 8 best quotes from a new interview.

• Market prophet Gary Shilling issued a raft of dire warnings to investors in an interview this week.
• Stocks may crash 30%, a recession is imminent, and commercial real estate is a bubble about to burst, he said.
• The Fed is likely to crush inflation and start cutting interest rates next year, Shilling said.

Stocks could crater by 30%, the US economy is careening toward recession, and commercial real estate is a bubble about to burst, a legendary market prophet warned this week.