Another Global financial crisis is potentially on the horizon – Be very wary!

Another Global financial crisis is potentially on the horizon – Be very wary!

Stanlib’s Chief Economist Kevin Lings believes that inflation has bolted and that Stagflation is a near term reality for the World. That’s a situation of high inflation, low growth and high unemployment and with this scenario on the horizon there is no where to hide. Financial markets have been to complacent and everyone thought the free money party would persist for some time to come.