From Newmax:
The biggest danger for the global economy isn't a double-dip recession, but rather inflation, says Joachim Fels, co-head of economics at Morgan Stanley.
That's because of the massive monetary stimulus engineered by central banks in the United States and Europe, he tells CNBC.
"Fears of a double-dip recession are overdone, and the risks are now..."
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More on inflation:
How you'll know when inflation is coming
Dan Ferris: Don't believe the lies about inflation
Porter Stansberry: "The entire system is going to collapse"