By This Metric, We Are Already In A Global(Depression) Recession,” HSBC Warns
by Tyler Durden
ZeroHedge.com
10/13/2015
“Global trade is also declining at an alarming pace. According to the latest data available in June the year on year change is -8.4%. To find periods of equivalent declines we only really find recessionary periods. This is an interesting point. On one metric we are already in a recession.”
The Rest…HERE