That 70s Showstopper

We’ve seen this stag film before… “The global economy may be headed for years of weak growth and rising prices, a toxic combination that will test the stability of dozens of countries still struggling to rebound from the pandemic, the World Bank warned Tuesday. Not since the 1970s — when twin oil shocks sapped growth and lifted prices, giving rise to the malady known as ‘stagflation’ — has the global economy faced such a challenge.” WaPo (Gift Article): World Bank warns global economy may suffer 1970s-style stagflation. (Can we at least also have the 1970s quality of music and movies to go with it?)

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