World Bank warns global economy may suffer 1970s-style stagflation.
The global economy may be headed for years of weak growth and rising prices, a toxic combination that will test the stability of dozens of countries still struggling to rebound from the pandemic, the World Bank warned Tuesday.
Not since the 1970s — when twin oil shocks sapped growth and lifted prices, giving rise to the malady known as “stagflation” — has the global economy faced such a challenge.
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Mr Trecherous : Running The Same Playbook
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Mr Trecherous efficentupupOP:
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