Sunday, July 24, 2022

Michael Roberts Blog — Europe: caught in a trap

Stagflation.

Michael Roberts Blog — blogging from a marxist economist
Europe: caught in a trap
Michael Roberts
https://thenextrecession.wordpress.com/2022/07/24/europe-caught-in-a-trap/

1 comment:

Footsoldier said...

So is America

They just don't realise it yet. The demographics will ensure it stays on trend. So will the reserve currency status.

I'd love to be able to impose the Japanese stock market beside the SP 500 but at different dates.

The US graph starts in 2009

The Japanese graph starts in 1980


See how they play out side by side until 2050.