Actually, that's title guy. The text actually says:
LONDON — The global economy is likely entering a “war-cession,” according to veteran investment strategist David Roche, and markets are underestimating its duration. It comes as markets attempt to navigate a flurry of concurrent economic hurdles, including Russia’s invasion of Ukraine, soaring inflation, rising interest rates and supply disruption from China’s efforts to contain a Covid-19 outbreak.
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“[Putin] is not going to trade withdrawal for any ratcheting down of sanctions, so the sanctions stay in place and I think the implications for Europe are that you will see recession, because the sanctions will actually increase and move towards a total energy blockade,” Roche said. . .“This is an enormous supply-side shock that will continue in food, in energy, in metals and I can go on. That will go on while at the same time, we’re dealing with inflation worldwide, we’re dealing with rising interest rates – I think the 30-year [Treasury yield] will be at least 3.5% in a year’s time – and we’re looking at, of course, supply disruptions in China due to what is happening on Covid, which people are not talking about, but which are obviously another supply side to the global system,” he said.
The global economy is likely entering a "war-cession," according to veteran investment strategist David Roche, and markets are underestimating it.
www.cnbc.com
You might as well link to the dumbass propaganda site you got your gripe from,
@VySky, because it baffles me what could possibly be confusing or outraging to you that someone called a possible recession caused by a war a "war-cession" instead of a "recession caused by a war."
It's a strange thing for a Trumpist, the people who loved "**** your feelings!" and posting this picture a lot, to do:
Is it that you simply do not understand how the war and resulting sanctions will have all sorts of negative economic effects? I suppose that is possible...
