Financial Times/Chris Giles/4-18-2022
“The twin perils of slowing growth and high inflation, or stagflation, will hit the global economy this year as Russia’s war against Ukraine exacerbates a slowdown in the recovery from the coronavirus pandemic, according to Financial Times research.”
USAGOLD note: This article appeared on the front page of the Financial Times. We would gather from that it is now official. Stagflation is the wolf at the doorstep.
