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A comment on Global economy is probably in recession.

Re:Global economy is probably in recession by chrismaeda on Friday August 09, 2019 @02:08PM (#20656891)
Breathless headlines like this are usually a sign that everything is fine. If the journos start saying you should mortgage your house and buy {tulips, dotcom stocks, bitcoin}, then that would be a sign that the market is peaking.
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Re:Global economy is probably in recession by seamyb88 on Friday August 09, 2019 @02:27PM (#20657074)
If your definition of fine involves the current level of poverty worldwide and the increasing trends towards billionaires exasperating at all-time-low tax rates, then everything is peachy.

The real fallacy in this headline is the idea that any measure of how well the world is doing, financially, could have at any time recently been adequate.

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Re:Global economy is probably in recession by umeshunni on Friday August 09, 2019 @02:52PM (#20657265)
> involves the current level of poverty worldwide

Yup - poverty has been dropping worldwide over the last 30 years and billions have been lifted out of poverty. These are the good times.

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Re:Global economy is probably in recession by zbyte64 on Friday August 09, 2019 @03:02PM (#20657351)
Good for some anyways: https://www.vox.com/science-and-health/2018/1/9/16860994/lif...
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