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Forum of Johnson James CHIN :: The Economist :: US Economy :: Stagflation!!! - View Topic
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Johnson James CHIN
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Stagflation!!! (3rd Mar 08 at 2:04am UTC)Quote Reply
Dear all,

US might going to have a stagflation! First is the recession caused by credit crush, that might lead to job loss, another wave of fear is inflation!

Stagflation = Unemployment + Inflation

Gosh!

Source:
BBC News: The US Federal Reserve has slashed its growth forecast for the US economy and raised its forecast for unemployment.

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