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Helmut Kohl

Helmut Kohl

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Helmut Kohl (1930-2017) was Chancellor of West Germany from 1982 to 1990 and Chancellor of Germany from 1990 to 1998.

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  6. roubini166_Peter Zelei Images Getty Images_recession Peter Zelei Images/Getty Images

    From Great Moderation to Great Stagflation

    Nouriel Roubini

    For decades, relative global stability, sound economic-policy management, and the steady expansion of trade to and from emerging markets combined to keep costs down. But now all these conditions have been overturned, and the world is settling into a dangerous and destabilizing new regime.

     explains why the long era of low inflation, cheap imports, and consistent growth is now over.

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