You're right but the're a difference between world recession and slowdown. The former implies < 0% growth for two qtrs. We will be crying in our cornflakes. The latter, I believe currently predicted by IMF, in late 2019 - to 2020, because of China slowdown Plus US slowdown. We will cope better than most as you say.
CZI Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held