A Stagflationary Debt Crisis Looms

A Stagflationary Debt Crisis Looms

by | Jun 29, 2022 | Project Syndicate

There is ample reason to worry that major economies like the United States are heading for a recession, accompanied by cascading financial turmoil. Some of the worst elements of both the 1970s and the 2008 crash are now in play, with equity markets likely to move...