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The First ‘Global Inflationary Depression’ Is Very Possible
Summary
- The money flowing from the central banks and governments has created the so-called “pent-up demand” and predictions of 5% or more GDP growth next year. But capacity utilization is down even while trillions of new dollars pour into the system.
- Inflation expectations are continuing to grow, and the law of diminishing returns is wreaking havoc with the efforts of central banks to control the economy. We are now seeing that large sectors of the economy are broken…..More Here
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