The Stagflationary Debt Crisis Is Here

The Stagflationary Debt Crisis Is Here

by | Oct 3, 2022 | Project Syndicate

The Great Moderation has given way to the Great Stagflation, which will be characterized by instability and a confluence of slow-motion negative supply shocks. US and global equities are already back in a bear market, and the scale of the crisis that awaits has not...