Impending worldwide recession?

[Dannydet]

CNBC: FedEx CEO says he expects the economy to enter a ‘worldwide recession’.
https://www.cnbc.com/2022/09/15/fed...e-economy-to-enter-a-worldwide-recession.html
This is getting me a little worried....
And I think the writing is on the wall.
I'm sure everyone, in every type of business, is going to be hurting.

 

[ocnbrze]

meh......its not like its going to be the Great Recession like we had many, many years ago.

 

[olbriar]

I wish I were more optimistic but the economy has seemed sour for some time.

 

[Dannydet]

I don't know, guys....
I see it at work, getting product from vendors, in the grocery stores, etc...
My confidence is bleak to say the least.

 

[ocnbrze]

I don't know, guys....
I see it at work, getting product from vendors, in the grocery stores, etc...
My confidence is bleak to say the least.

just keep your head up and do what you got to do. there is no helping what will be. the great thing is that we are resilient and that economies will always go up down.......just have faith that the going down is short lived.

 

[Dannydet]

Man, I hope so

 

[jhtalisman]

It's only a coincidence he said that the day before FedEx stock dropped 23% on news that their revenue would come up $500,000,000 short of expectations.

 

[Dannydet]

And more bad news
CNBC: ‘The economy is braking hard’ and CEO confidence is miserable, says billionaire investor Barry Sternlicht.
https://www.cnbc.com/2022/09/15/the-economy-is-braking-hard-says-billionaire-barry-sternlicht-.htm l

 

[puppykickr]

We ARE in a recession already.

This is what would be being reported, if they had not recently changed the very definition of what a recession is.

This is all part of a plan.

If it becomes obvious by definition that your administration or organination is afraid that the plebians will call them out on the results of their actions, it is a simple matter of just changing the definition of key words to hide the fact that there policies are the cause of bad things.

The education system has done a wonerful job in proucing generations of people that willl hardly even bother to look up any definitions anyway.

But it only takes a small percentage of the population to revolt for problems to arise.
So definitions must be changed so that future generations will not know what is really going on.