World Descends Into Stagflation as Chinese Economy Grinds to Virtual Halt.
2 years ago
91
#China #Economy #GDP #inflation #recession #CPI #PPI #FED #stimulus #WEF #TheGreatRest
Today we will look at how the major economies around the world are returning to a 1970s-style stagflationary environment.
Our conclusion is that getting out of a stagflationary trap will not be straightforward as the world has become heavily dependent on cheap credit and spending.
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