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The Economic Risks of Pandexit by Howard Davies @ProSyn
One of them - according to the BIS - is higher inflation.
The Economic Risks of Pandexit | by Howard Davies - Project Syndicate
Although everyone hopes that Pandexit, or the end of the COVID-19 pandemic, will come soon, the economic benefits will not be unalloyed. One plausible...
prosyn.org
France/EU upset about the US-UK-Australia subs deal but those French subs were obsolete; and without US troops in Europe, European armies would collapse as fast as the Afghan one if the Russians were to attack. So time to spend more on EU armies, also to make NATO more credible
Now @elerianm as well as Ken Rogoff and Larry Summers are talking about the rising risks of stagflation
Opinion: Supply chain disruptions will be with us for a while, complicating corporate and policy plans writes @elerianm https://t.co/qeUn50d0vX
US equities down 4% from peak as Stagflationary pressures persist: lower growth and higher inflation. See my latest @ProSyn column on the rising risk of stagflation.
The Stagflation Threat Is Real by Nouriel Roubini @ProSyn
The Stagflation Threat Is Real | by Nouriel Roubini - Project Syndicate
There is a growing consensus that the US economy’s inflationary pressures and growth challenges are attributable largely to temporary supply bot...
prosyn.org
Nouriel Roubini is a professor of economics at New York University’s Stern School of Business. He is also CEO of Roubini Macro Associates, LLC, a global macroeconomic consultancy firm in New York, as well as Co-Founder of Rosa & Roubini Associates based out of London. At a 2006 address to the International Monetary Fund, Roubini warned of the impending recession due to the credit and housing market bubble. His predictions of these upside-down balance sheets became a reality in 2008, with the bubble bursting and reverberating around the world into a global financial crisis – a recession we’re only recently rebounding from after a decade climb. READ MORE
The Stagflation Threat Is Real
There is a growing consensus that the US economy’s inflationary pressures and growth challenges are attributable largely to temporary supply bottlenecks that will be alleviated in due course. But there are plenty of reasons to think the optimists will be disappointed....
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