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A ghost from the 1970s haunts the post-pandemic future – Sydney Morning Herald

The prospect of stagflation, which plagued the world in the 1970s, is starting to be seriously debated by economists and policymakers….

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Global supply chains, already under pressure before COVID because of Donald Trumps trade wars, have been severely disrupted by the pandemic. There are shortages of containers and container ships that have forced the price of moving containers from China…

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