Inflation: The End of Nigh
China will exit Zero Covid and freezing Europe will force Ukraine to sue for peace.
In Europe, where anger against high prices has triggered political upheavals, leading to the mainstreaming of right-wing politics in Italy, Sweden, and France, strikes for higher wages that promise to entrench inflation and depress growth, and persistent demands for fuel subsidies. This spells the beginning of the end of the war in Ukraine.