Society & Culture
There is no doubt that the effects of Covid-19 have destabilized the global economy for some time and have created a "new normal" for all countries, rich or poor, developed or undeveloped. The world economy seems to be on the verge of collapse. A wave of stagflation, unending inflation, and recession is being predicted by top economists and bankers of the world. There is a cost of living crisis looming for millions of people worldwide as inflation increases. So, in this episode of Politics For Dummies, host Aniket and KP Fabian discuss how inflation is at an all-time high, its increasing percentage, and other factors affecting it. And, are we on the verge of a global recession and if so, how concerned should we be? Tune in now to find out the answers to these questions!