Renowned economist Kenneth Rogoff warns: with coronavirus as catalyst, we may face a recession in the style of the 70s due to supply bottlenecks.
Remember the 70s? High inflation, actually stagfation. Gold & commodities skyrocketing.
the Guardian A coronavirus recession could be supply-side with a 1970s flavour | Kenneth Rogoff The most recent collapses were caused by a drop in demand, the next one could mimic the oil shock What the chain says
- Block
- 624 798
- Time
- 2020-03-04T22:36:41Z
- Signer
- 1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#9478
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