Japanese financial crisis gives perspective on economy after Covid
Book about phenomenon of late 1980s lends support to those predicting an inflationary scenario
It is not unusual for people to look to the past to find insights about the present or gauge patterns to predict the future. History doesn’t repeat itself, but it often rhymes, it is said.
Analysts have predictably referenced past financial crises to predict what the future may hold for global economic activity, and specifically inflation, after the Covid pandemic. What is different about inflation predictions this time is that instead of a consensus emerging with a minority sitting on the fringes, experts have formed two opposing camps, with each camp presenting credible arguments in support of its case...
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