US
・UK
And it seems like the British economy is about to face a stagflation.
A stagflation is an economic nightmare.
In fact, a combination of low growth and rising prices known as stagflation was once thought to be impossible, until it happened again and again in the latter half of the 20th century.
Economists say a variety of factors can cause stagflation, including tariffs.
The worst-case scenario is a stagflation.
If the economy actually falls into a stagflation, that is a complete disaster because getting out of the stagflation is extremely difficult.
The truth is that the US government has quietly been hiding a stagflation and that is the worst thing that could happen to any economy, even worse than the great depression of 1929.
But if we find out that the real CPI is actually 10 percent, then prices are growing way faster than the productivity and that's what we call stagflation.
The German economy is going through a stagflation and this stagflation doesn't seem like it will stop anytime soon.
So, if your economy is contracting while prices are growing, that is a stagflation and that is one of the worst things that could possibly happen to any economy.
In fact, it was very similar to a stagflation, I would say.
It's also a stagflation, as I have explained in the previous video, that prices are rising on one side and the economy is slowing down.
Maybe it's not just a recession, maybe it's a stagflation.
And that's what the Federal Reserve and other central banks are deathly afraid of, because that's the basis for so-called stagflation scenarios.
Stagflation.
It reminds me, when I was in the intelligence game in the 1970s, of the straight-line extrapolations that were made both in the intelligence communities and in many of our academic so-called experts on the Soviet Union, that the Soviet Union was going to grow and grow, that in the period of Western stagflation, the Russian model of central planning "was more successful," that the Soviet Union was on a winning streak with regard to its intervention without any response worth talking about from the West in Afghanistan in 1979, and
that in the period of Western Stagflation,