Inflation sure to cause more trouble in emerging markets
Big protests in Cuba and South Africa
Keep an eye on emerging markets in the months ahead, especially if inflation remains high. Protests always have a multitude of causes but inflation is often a precondition. Recall that the Arab Spring protests -- which toppled many governments -- began as food inflation protests. So did the French revolution.
JUST IN - Every single store in the Jabulani Mall near Johannesburg has been looted. Reports and videos of riots at more malls in parts of South Africa.pic.twitter.com/t5DL96EVIM— Disclose.tv 🚨 (@disclosetv) July 12, 2021