China’s trade numbers are imploding, Germany is “careening towards recession”, and the government shutdown in the United States is taking a huge toll on the US economy.  In past years, the mainstream media usually tried to put a positive spin on any bad numbers, but now their mood seems completely different. 

For example, in a Daily Mail article that was just posted we are told that “the world economy is headed for a recession in 2019 unless something happens”… Global growth is slowing and the world economy is headed for a recession in 2019 unless something happens to give it renewed momentum.

The OECD’s (Organisation for Economic Co-operation and Development) leading indicator fell to just 99.3 points in November, its lowest since October 2012, and down from a peak of 100.5 at the end of 2017. It appears that we are at a critical level on that OECD index, because whenever that number has fallen under 99.3 a recession has almost always followed… In the last 50 years, whenever the index has fallen below 99.3, there has almost always been a recession in the United States (1970, 1974, 1980, 1981, 1990, 2001 and 2008). Will we beat the odds this time? I wouldn’t bet on it.

But if we understand the changes that are taking place and we have our priorities in order, we will be in a much better position to respond calmly to a world that is becoming more chaotic with each passing day.