What’s up with the Global Economy, and Where Do we Go from Here?
It now appears that the grand yearly addition to total human wealth, the global GNP, is no longer growing.
It now appears that the grand yearly addition to total human wealth, the global GNP, is no longer growing.
As oil prices continue to fall, a strange phenomenon is making its presence felt across Europe: deflation.
Oil and other commodity prices have recently been dropping. Is this good news, or bad?