There hasn't been a global economy decline - maybe in your mind, but nowhere else.
So additional to the recession warning out if the US, China growth isn't slowing down aye? Germany - the economic powerhouse of Europe - isn't slowing down? India isn't slowing down? The ECB isn't readying a restart of QE?
You need to DYOR, and stop lazily relying on others to do it for you.
From the BBC -
Data from the German statistics office on Wednesday showed the economy shrank by 0.1% between April and June.
That takes the annual growth rate down to 0.4%. Germany narrowly avoided a recession last year.
But this time, there are predictions the economy will continue to contract for another three-month period.
Recent GDP figures have only aggravated the concerns of economic slowdown. According to Central Statistics Office, India's GDP slowed to a five-quarter low of 6.6 per cent in October-December 2018.
It fell below 6 per cent mark in January-March 2018-2019. At 5.8 per cent, the March quarter growth rate pushed India behind China after seven quarters. But that rivalry is the least of the worries for Indian economy. There are ominous signs showing that slowdown is deep. Automobile sector is facing its worst crisis in 20 years.
Reports are that the volume of unsold houses over the past one year has increased in the top cities of the country.According to real estate research company Liases Foras, the unsold inventory currently stands at 42 months. This means it will take three-and-a-half years for the existing unsold inventory (read flats/houses) to clear up.
