"Do you think that the situation is fundamentally stable in China right now?" Inskeep asked Locke. "I think, very delicate -- very, very delicate," Locke responded. "But there were calls earlier this year for a Jasmine Revolution and nothing came of it. I think it would take something very significant, internal to China, to cause any type of major upheaval."He describes it how I describe it and some friends have described it. You can sense the mood. Nothing is going to happen now, but there's a potential out there; if there's a spark it could quickly catch fire.
Is stagflation temporary?
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I have been gazumped by two red-hot inflation reports in two days, even as
growth slows sharply in Australia and the US. First, in Australia,
quarterly d...
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