5th September 2022
Certain shocks, if seismic enough, can spark a chain reaction of negative events. COVID felt like the kind of jolt to the system that shook the once unshakable faith in the control of governments/central banks over the market/economy…..From an economic perspective, the challenge is manifested by the resurgence of inflation for the first time in almost four decades. The implications this may have for our highly leveraged, highly financialised western economies is what is keeping many policymakers/CEOs/investors awake at night.
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