|
|
|
|
|
|
by joeyrideout
2470 days ago
|
|
|
It baffles me how financial analysts can try to answer such a question by only focusing on the domestic economy. Economies are so interconnected, the next recession is likely to be a global recession. Alarm bells are currently ringing all over the world, but the U.S. is isolated to some extent due to its currency status and relatively stable markets. It's like standing in a room on the top floor of the Titanic and measuring whether the boat is sinking by measuring the water level on the floor in your room. Meanwhile, if water is getting into the rooms below you... |
|
|
This is not true. Please be more specific with 'all over the world' statement. Do you speak about 5% or 7% of world economy?