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Not at all. A global recession has not been strongly forecasted like this for a long time. Sure, anyone can make a prediction, and you will always find some peo
by oneoff786 4y ago
Not at all. A global recession has not been strongly forecasted like this for a long time. Sure, anyone can make a prediction, and you will always find some people predicting both directions, but that doesn’t form a common consensus.
A likely recession does not mean that selling stocks is advisable either.
- marcosdumay 4y agoI don't think there has been a consensus recession forecast since the early 90s. At the 00 and the 08 ones there were plenty of people denying it.
- oneoff786 4y agoThose recessions were much harder to predict. Suppose a solar flare destroys all electronics. Will we enter a recession? Yes. Obviously yes. Right now we face an energy, food, and fertilizer shortage. Will that cause a recession? Almost certainly. Or at least it’s a downwards effect. Maybe you think the economies will grow more than they shrink in spite of this for other reasons. But this is a rare easily observed negative pressure for everyone.