The Global stagflation, is the price the world economy has to pay for the American misadventures (War). They are still burning their tax-payers money resulting in the present crisis. (refer: Global Recession a by-product of W...
Every war has its economical impact and history proves it. Whether it is from the strongest economy or developing economies. World War-I, German Inflation during Hitler's era, Russian Revolution, World War-II, Vietnam War, In...