Top Link #123 The recession foretold, Turkey's mystery money & the surreal reality of turret gunners.

Links, reading and images from Chartbook Newsletter by Adam Tooze

Zhou Zixi  周子曦  -  Xiaogang Caves  009  -  Oil on canvas  2014

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Chronicle of a recession foretold

If the US is pushed into recession next year, it will be the most anticipated in history (at least as far as records reach). If a recession does not transpire, it will be the biggest collective forecasting failure in…