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It’s a reference to a 50+ year old economics joke: https://worldin.economist.com/article/17506/edition2020dont-bet-recession-2020 https://worldin.economist.com/
by jointpdf 5y ago
It’s a reference to a 50+ year old economics joke: https://worldin.economist.com/article/17506/edition2020dont-bet-recession-2020 https://worldin.economist.com/article/17506/edition2020dont-...
- smitty1e 5y agoMore accessibly: > The stock market has predicted nine of the past five recessions—a joke from master Keynesian of decades ago Paul Samuelson. https://www.forbes.com/sites/briandomitrovic/2018/11/22/the-stock-market-has-predicted-nine-of-the-past-five-recessions/?sh=4e560203d740 https://www.forbes.com/sites/briandomitrovic/2018/11/22/the-...