One of the purposes of this second blog is to put HS and EM in context world wide. So here is an interesting take on the world’s economic situation:

Actually I plead ignorance on most economic analysis and for last 5 years have been predicting a US deflationary period much like that in Japan after its real estate market collapsed in the late 80’s!  Well  hoping it ain’t so and with energy and food possibly skyrocketing over next decade perhaps inflation is the threat. Hoping someone calling the shots is better informed than I am.


About vlg338
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