These countries have an accelerating inflation problem that is presenting an illusion of economic strength.
FORBES: Ecomonic Strength Is An Illusion
In this current economic environment, governments seek a condition of perpetual inflation in order to maintain the illusion of prosperity in the developed world.
FORBES: Deflation Isn't The Enemy
The inflation-unemployment tradeoff is an illusion.
FORBES: Ben Bernanke's QE4: Another Step Toward Helicopter Money, And Away From Freedom
Understated inflation used in estimating inflation-adjusted growth has created the illusion of recovery in reported GDP.
FORBES: CPI Inflation Rate Calculator (Experienced vs. Reported)
But as is always the case with inflation, reality caught up with the illusion.
FORBES: Magazine Article
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