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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (72417)3/29/2011 3:23:55 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 217576
 
Inflation Picks Up Across OECD

Consumer prices in the developed economies rose at the fastest pace since October 2008 in February, driven by energy and food inflation.

The pickup in inflation rates to their highest levels since the intensification of the financial crisis in the wake of Lehman Brothers' collapse is likely to lead to a round of interest-rate rises at a time when growth remains fragile in many parts of the developed world.

Figures released by the Organization for Economic Cooperation and Development Tuesday showed consumer prices in its 33 member states rose by 2.4% in the 12 months to February...

...a number of leading central banks appear poised to raise their key interest rates...
online.wsj.com

my comment: low growth, rising inflation, and huge debts in the developed world, means governments face choices that are all bad, going forward. Cure inflation, and we get recession. Cure deficits, and we get recession. Fail to cure deficits, and we get a cascading series of sovereign debt defaults. Fail to cure inflation, and...

I don't see any way out, that doesn't involve a lot of pain, and much lower stock prices.