Are you ready for the inevitable recession that is coming your way?

This week China reported an almost 7% drop in its economy. Two things stand out from that figure. First, it’s a sizeable reduction in economic activity. Secondly, it is the first time in over 40 years that China has suffered any kind of economic downturn. Its economy has grown continuously since modern-day records were kept. On top of this, much of China has continued near…