stagflation

If Gas Prices Fly As Expected, Busineses Need To Ground Themselves To Avoid Crashing

If Gas Prices Fly As Expected, Busineses Need To Ground Themselves To Avoid Crashing

Things that are headed up these days: unemployment, foreclosures, adorable Pixar characters whose houses are attached to helium ballons, Daisuke Matsuzaka’s ERA and, argh, gas prices. A Russian energy group is predicting oil, which is currently just over $70 a barrel, will eventually pierce the stratosphere at $250, meaning it’ll pretty much be Mad Max time for everyone.

Learn About Past Recessions With This Cool Interactive Graph

Learn About Past Recessions With This Cool Interactive Graph

So you’re probably sitting around thinking, “I want to know more about stagflation, but I want to have fun clicking stuff on the internet, too.” Right? No? Who cares. We’re still going to direct your attention to this neat interactive graph from the Harvard Business Review.