<
gggg...@gmail.com> wrote in message
news:0c373075-3f6c-49f1...@googlegroups.com...
>
https://www.bloomberg.com/opinion/articles/2019-01-17/inflation-is-nowhere-in-sight
Key paragraph here:
"With slowing economic growth here and abroad, deflationary forces should
intensify, especially with global total debt at a record relative to gross
domestic product. The World Bank and International Monetary Fund have both
revised lower their forecasts for worldwide economic growth this year and
next."
Deflation and massive debt are the recipe for global economic disaster. The
world's central bankers have been pouring gasoline on a fire by expanding
debt over the last eleven years.