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Morici: Events in Tunisia and Egypt were caused by Chinese mercantilism
In a commentary in The Street (Egypt and Stagflation), U. of Maryland economist Peter Morici argues that the events in Egypt were caused by Chinese mercantilism. It sounds a bit far-fetched. Here's how he ties it together:
His predictions for the United States: Gasoline could hit $4 a gallon, which would bust the economic recovery, and our economy could experience stagflation.
Journal of Economic Literature:
Atlantic Economic Journal: