The Traderszone Network

Published in TZ Latest News 21 November, 2015 by The TZ Newswire Staff

Stagflation Ahead: Goldman Is "Unreservedly Disappointed" With Latin America

As regular readers are no doubt aware, we’ve devoted quite a bit of time to covering Brazil’s unfolding economic meltdown. The latest data out this week showed GDP in “free fall mode” (to quote Barclays), inflation hitting double digits for the first time in over a decade, and unemployment soaring to 7.9% in August, up sharply from just 4.3% a year earlier. 

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