Davos' World Economic Forum summed up their four day session with nine takeaways. One of those was the global economy.
Economics experts also discussed the global economy, with Carlyle Group co-founder David M. Rubenstein explaining the link between recession and bananas (yes, bananas).
“Don't use the R word. It scares people.” So, he changed the (recession) word for “banana.” Rubenstein went on to admit that “the signs are not as favourable as I would like…but a banana may not be that far.”
At least the billionaire boys didn't pretend they cared about income inequality.
Update 9-9-22: The recession "banana" analogy is back, this time in a CNN interview. CNN couldn't figure out Rubenstein sits on the Fed's Investor Advisory Committee.
