Monday, October 24, 2016

Inflation: Next Year's Ticking Time Bomb
Ambrose Evans-Pritchard highlights how the cost of food, clothing & fuel is jumping & likely to escalate into next year .. "This is a political time bomb that will detonate next year when the inflation ‘pass-through’ from imports bites in earnest." .. sees the possibility of stagflation - rising inflation & recession at the same time - as being increasingly possible & likely.
LINK HERE to the article

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