Thursday, February 28, 2008

Are we heading for stagflation on a close-to-global scale? - Part II

For a while now, I have quietly wondered when stagflation expectations will explode. I am working on a quick and easy way of easuring this and my message of the day is - the expectations seem to have risen dramatically over the last week. Let's see if it lasts. And if they (we) are right.....