Gary Shilling: New Global Recession Is Here

NEW YORK (MarketWatch) — For most economists, the main question is whether we will have a new recession. For Gary Shilling, the only question is how big. Unlike many gloom and doomsters, Shilling is a genial sort who likes cracking jokes and keeps bees as a hobby. But when it comes to economics he’s dead serious: He’s been consistently gloomier than the economic fraternity and consistently right over the past few years.