A year or two ago it seemed GE was only one of a few companies going through hard times, and because of this, GE employees assumed it was just a GE thing. Some people posted here explaining that the problem was much bigger, as the first signs of an economic downturn were showing themselves in the weakest links, GE being one of them.
But of course, most GE employees, here at least, laughed and mocked and insulted such a ridiculous suggestion.
Since then we've watched literally tens of thousands of stores close, and the disease has spread to literally every other industry, especially and including car and home sales, which have both been falling for over a year now, even as GE continues to get even worse by the week.
So, the good news is, all those who tried to do you a solid by warning you, and for their efforts received mocking and insults, are now vindicated at the expense of the mockingbirds, who are now not only out of a job, but proven dead wrong.
The Recession is here and now.
Risks of Global Recession High and Rising-Morgan Stanley
https://www.cnbc.com/2019/08/21/morgan-stanley-risk-of-a-global-recession-is-high-and-rising.html
Next Recession is going to be "Brutal"- Rolling Stone Magazine
https://www.rollingstone.com/politics/politics-news/recession-yield-curve-poverty-tax-cuts-trump-871198/
Recession News-Warnings Pile Up-Bloomberg
https://www.bloomberg.com/news/articles/2019-08-14/recession-warnings-pile-up-for-the-battered-global-economy
US already in a Recession- USA Today
https://www.usatoday.com/story/money/2019/06/25/2020-recession-economist-gary-shilling-says-us-may-downturn/1559657001/