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US Economy
:: Stagflation!!! - View Topic
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Johnson James CHIN
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Stagflation!!!
(
3rd Mar 08 at 2:04am UTC
)
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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Johnson James CHIN
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