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Old 02-26-2011, 05:43 PM  
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Join Date: Nov 2003
Location: The Pearl of the Orient Seas
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You guys think INFLATION will blow up where you live?

I have a feeling that in many parts of the world, the recent speculation-based spike in oil would be the trigger for a huge spike in inflation. It's not like it's not already here:

Sources:
China's inflation rate is so stubbornly high, bank rates are pumped up... again http://www.reuters.com/article/2011/...7171QA20110208

India's nice growth rate pissed away due to crazy inflation http://www.bbc.co.uk/news/business-12363201

World Bank and FAO says Food Price inflation a HUGE threat http://www.philstar.com/Article.aspx...atego ryId=66
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