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World Bank: Considerable risk of stagflation

The World Bank has warned of a “considerable” risk of stagflation, with subdued growth likely to persist “throughout the decade”.

MSNBC Alex Witt Reports March 26, 2022 17:10:00

agendas, germany has a real problem. they have to import 60% of their energy, and they are the engine of growth in europe. if there s anyone that creates growth in europe, that s germany. talking about debt crises, and what s happening in greece and italy, and the southern european states that don t have the eyes on if you will of the economies we see in northern europe. that is a problem. at the end of the day, they have to take the bulk of the pain because they re in bed with russian energy, and also the ones that don t have the ability to flip the switch, full. they can t take this wonderful idea of u.s. l and g to europe because there s no way to directly import it, and. yep. they do not have hadley. we re talking about a heck of a lot of money they re going to have to spend. 100%. we re seeing movement on the dais. we want to report this breaking news. i m being told there have been

MSNBCW Alex Witt Reports March 26, 2022

0 the italians are dependent on russian energy. depending on what country you re talking to you get a different answer and agenda. talking about what they could potentially do next, all we have seen essentially is an agreement to diversify, try to find in the next several years a way to diversify away from russian energy sources. also in the last 24 hours after a very very long meeting, i ve heard that it was quite a long slog, they decided to potentially do price caps. hadley, here comes hadley here comes rude interruption from me. just a moment, let s take a listen as we listen to bells ringing there at the presidential palace in advance of the president. presidential pe of the president well, apparently we were able to hear the bells, they re no longer ringing and again that s the presidential castle, not the palace, i want to make that distinction, and as we look at that sea of people awaiting the arrival of president biden, you see quite a beautiful backdrop setting for the pr

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