Synchronized Growth Meme Bites The Dust

It meant that the idea of global economic recovery, true recovery, was way ahead of itself even at a low retracing reflation. It was never confirmed by consumer prices (so much for rapid economic growth and a tight labor market) which was by far the more significant development in terms of Chinese prices. It’s that very dichotomy that we face in the spring of 2018.

 

 

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