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Subject
Quote from Video
Is the Iran war pushing the global economy towards stagflation? Some economists and investors certainly think so.
“Is the Iran war pushing the global economy towards stagflation? Some economists and investors certainly think so.”
Subject
Quote from Video
But where we are right now is you've got most economists saying we don't have a balance of payments crisis. The criteria are not met and it's usually defined as a situation basically where the government doesn't have enough money to pay its foreign debts and it doesn't have enough reserves to cover its obligations.
“But where we are right now is you've got most economists saying we don't have a balance of payments crisis. The criteria are not met and it's usually defined as a situation basically where the government doesn't have enough money to pay its foreign debts and it doesn't have enough reserves to cover its obligations.”