4 ms·
Mild recession? How are you not understanding the global macro set up right now? Europe will see a ~10 year recession, possibly the worst ever. America may fare
by solumunus 4y ago
Mild recession? How are you not understanding the global macro set up right now? Europe will see a ~10 year recession, possibly the worst ever. America may fare better but there's no way you're getting away with a "mild" recession.
- alangibson 4y agoWe're definitely bracing for impact around here. Where do you get 10 years from though?
- jamespo 4y agoSource: he made it up
- hylaride 4y agoPredicting the future is hard, but the labour market is still extremely tight, boomers are leaving the workforce due to retirement, and there will probably be (attempts at) on-shoring as the west tries to decouple from China. Europe will probably get its energy sorted in the medium term with LNG, and they're going to need to build a lot of damn nukes, but I don't think it'll be 10 years.
- staticman2 4y agoHow do you not understand that you have a contrarian take on the economy?