From Great Moderation to Great Stagflation

Aug 9, 2022 Nouriel Roubini

For decades, relative global stability, sound economic-policy management, and the steady expansion of trade to and from emerging markets combined to keep costs down. But now all these conditions have been overturned, and the world is settling into a dangerous and destabilizing new regime.

https://www.project-syndicate.org/commentary/great-stagflation-has-replaced-great-moderation-by-nouriel-roubini-2022-08?utm_source=Project+Syndicate+Newsletter&utm_campaign=8d41183171-covid_newsletter_08_10_2022&utm_medium=email&utm_term=0_73bad5b7d8-8d41183171-106440339&mc_cid=8d41183171&mc_eid=4ddf8a88ec

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