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Global Stagflation For all the worlds populations

serfserf Member Posts: 9,217 ✭✭✭✭


It's just all a coincidence that The New green deal with the Great Reset plugs in nicely with The United Nations agenda 2030 agenda with Putin's invasion.It's all Putin's fault for grabbing Ukraine and not The World's Central Banks fiat Money systems with fractional banking with huge debts and Keynesian economics with corrupt government's legislation to spend to infinty and beyond right?

serf

https://www.worldbank.org/en/news/press-release/2022/06/07/stagflation-risk-rises-amid-sharp-slowdown-in-growth-energy-markets

The world economy is expected to experience its sharpest deceleration following an initial recovery from global recession in more than 80 years," the bank said Tuesday in its Global Economic Prospects report.

Policymakers, moreover, should refrain from distortionary policies such as price controls, subsidies, and export bans, which could worsen the recent increase in commodity prices. Against the challenging backdrop of higher inflation, weaker growth, tighter financial conditions, and limited fiscal policy space, governments will need to reprioritize spending toward targeted relief for vulnerable populations.

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