The Coming Global Economic Slowdown and Rising Inflation: Is Stagflation-Lite in the Cards?
Is the global economy headed towards a global recession? Or should we worry more about the rising inflationary forces in the global economy? Or will both evils emerge in a stagflationary outcome of contracting output and rising inflation? Certainly recessionary pressures are mounting in many economies; while inflationary pressures are mounting in other ones.
So let us consider in more detail the recessionary and inflationary risks in the global economy…
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