The Divide is Growing
The inflation genie is out of the bottle and it's proving very hard to get it back in. That's going to create a two tier economy, rewarding some while punishing others.
It seems the rest of the world is waking up to what we have known for some time.
The global economy is teetering and inflation is now expected to be 'higher for longer'.
It supports the long held stagflation scenario we forecast a couple of years ago - inflation concurrent with stagnant economic growth.
Globalist titans like Larry Fink from Blackrock has joined the commentary about the inflation genie. He told The Australian
“It’s hard for me to see how inflation is going to arrest itself. Some of this inflation is very structural – it’s not something that is temporal.
The world is just at a point now where inflation is elevated in Europe, elevated here in Australia elevated in the United States, and relative to where it was elevated in Japan.”
Fink is part of the WEF collective of elites who want to run the world.