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I am pretty sure the Economist cover has been repeatedly mocked as counter-indicator for many years now.
by lvl102 4y ago
I am pretty sure the Economist cover has been repeatedly mocked as counter-indicator for many years now.
- notlukesky 4y agoThe Economist is the Cramer of publications. To get to the truth do the anti-Cramer.
- simonh 4y agoI can see how someone who only read the covers and article titles, and didn’t read any of the actual content could come to that conclusion.
- julienchastang 4y agoYeah, the article is a lot of FUD as usual. One sentence I have learned you can completely ignore in life is "Economist predict...". That said, I am sure that at some point there will be a global recession and a bad one, but it never plays out in the manner experts envision. Moreover, there is reason for optimism, at least in the long term. Look at the tremendous advancements playing out in the AI/ML arena and its implication for drug discovery, medicine, you name it. As for personal finances, be fully diversified across a suite of index funds and have a sizable nest egg. "Markets can stay irrational longer than you can stay solvent" is the old adage.