- Joined
- May 5, 2019
- Messages
- 15,598
- Reaction score
- 7,780
- Location
- San Diego
- Gender
- Male
- Political Leaning
- Other
There's a 98% chance of a global recession.
New York CNN Business —
"Warning lights are flashing in the global economy as high inflation, drastic rate hikes and the war in Ukraine take their toll.
There is currently a 98.1% chance of a global recession, according to a probability model run by Ned Davis Research.
The only other times that recession model was this high has been during severe economic downturns, most recently in 2020 and during the global financial crisis of 2008 and
2009."
Save us, Joe!
New York CNN Business —
"Warning lights are flashing in the global economy as high inflation, drastic rate hikes and the war in Ukraine take their toll.
There is currently a 98.1% chance of a global recession, according to a probability model run by Ned Davis Research.
The only other times that recession model was this high has been during severe economic downturns, most recently in 2020 and during the global financial crisis of 2008 and
2009."
Save us, Joe!