Too Long; Didn't Read
The global economy has become a "forecaster's nightmare", with conflicting economic data and, more importantly, the overall "mood" Despite all this "evidence" pointing to a recession, there is much scepticism about the global economy's direction. The Indian Economy is caught in a "jobless growth" trap, not to mention a unique combination of a few sectors doing exceptionally well while the rest languish. If the Great Recession of 2008 had a distinct "Made in the USA" tag, this time around, the downturn would be more "distributed" as nearly all major economies are in red.