Nouriel Roubini sees us in his comment in @TheGuardian on track into a stagflation

The arguments are strong. Inflation coupled with stagnating economy (or recession) looming, potential for higher unemployment in nearer future rising.

Threat or necessary economic "correction" of past misdevelopments?

Surely those at the lower income end deserve containment plans to be set up right now, and not when the crisis will be already breaking out.

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