ACCORDING TO LCCI, NIGERIA COULD EXPERIENCE ECONOMIC STAGFLATION.
The Lagos Chamber of Commerce and Industry, or LCCI, issued a warning yesterday, stating that unless immediate action is made to address the economic growth, Nigeria runs the risk of entering an economic stagflation.
You guys. The globalists are terrified of deglobalization. The media in the Arab world says the quiet part out loud. Also, Biden and the IMF are on the same page, so that's awesome.
"Biden’s rejection of an imminent economic slump in the wake of financial market jitters about “stagflation,” which means persistent high inflation combined with high unemployment and stagnant demand in an economy, found backing from another of the speakers at the Davos gathering, Kristalina Georgieva, managing director of the International Monetary Fund."
WEF: Economists warn of deepening human misery amid global economic fragmentation
DUBAI: The World Economic Forum’s Chief Economists Outlook report has warned of potentially dire human consequences