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“Core Inflation In The US Would Be Just As Low As In The Eurozone If Measured On The Same Basis”

Anyone with a pulse knows that Europe is stuck in a downturn worse than the Great Depression.

Most think that the U.S. has fared better … but that is debatable.

Mega-bank Société Générale’s strategist Albert Edwards notes:

“Core Inflation in the US would be just as low as in the eurozone if measured on the same basis, despite the US having enjoyed much stronger growth!”

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