When do we hit the tipping point, and what nations / sectors will have the worst of it once deflation or
stagflation takes hold?
Not exact matches
The late 70s had seen two oil crises, The overthrow of the US backed Iranian government and the hostage crisis, the Russians
taking Afganistan and the on - going cold war and perhaps the biggest concern, the
stagflation crisis.
In 1974, under the impact of the oil crisis and deficits, his theories once more
took the back seat in the US and UK, as their economies entered a period of
stagflation.
Both are unpopular words, and I hate dragging them out, but if the price of avoid Depression is
Stagflation, the present FOMC will
take that cost.
I'm in the
stagflation camp too $ $ RT @BubblesandBusts: @alephblog I'll
take the under on GDP and over on unemployment and inflation Sep 13, 2012