In April, Société Générale economist Albert Edwards released a scathing note saying he hadn’t seen anything like the current levels of corporate greed in his four decades working in finance. He said companies were using the war in Ukraine as an excuse to hike prices in search of profits.

“The end of Greedflation must surely come. Otherwise, we may be looking at the end of capitalism,” Edwards wrote. “This is a big issue for policymakers that simply cannot be ignored any longer.”

  • jackoneill@lemmy.world
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    1 year ago

    anybody with 2 brain cells to rub together has known this for a while. who is this article for? can we fucking revolt yet guys?

    • Meowoem@sh.itjust.works
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      1 year ago

      I too hate when they make an article that uses science to demonstrate my assumptions were right, they should know that no one cares about the truth! we had our assumptions that should be enough!