NEW YORK In 2021, the big debate about the outlook for the global economy focused on whether the rising inflation in the United States and other advanced economies was transitory or persistent. Key central banks and most Wall Street researchers were on “Team Transitory”. They attributed the problem to base effects and temporary supply bottlenecks, implying that the high
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‘Israeli Arabs have fewer opportunities for education and economic participation,’ renowned economist tells Haaretz. Roubini, who predicted the 2008 financial crisis, isn’t convinced the outlook is gloomy but warns about ominous debt levels around the world