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Updating The Misery Index (Global Version)

1 day ago ago from Forex Trading With The Insider Code

by Mac Via Floyd Norris, we get this updated version of the Misery Index , applied internationally. Its the work of Pierre Cailleteau, an economist/sovereign risk analyst at Moody’s The index adds together a country’s budget deficit, as a percentage of gross domestic product, and its unemployment rate. It captures the current conundrum for many countries: their economies need stimulus, but their budgets may not be able to afford it. ...

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