India won't collapse like Sri Lanka or Pakistan but we are certainly in trouble: Swaminathan Aiyar - Economic Times

Prices of commodities, services, manufacturing have been soaring in the last 12 months. Inflation began in 2021 and the Ukraine war only accelerated it. The world is caught in a huge inflationary trap right now .

The world has been hit with a double whammy - on one hand there is a recessionary trend with demand falling, at the same time prices are going up. Central banks around the world took inflation too li… [+6130 chars]

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