But global stagflation? The numbers don't add up! High inflation yes, but it goes parallel with growth. 5% growth (IMF prediction is 5.9% for 2022 I think?) is still growth. So I do not believe in the "stagflation" story for the next 4-6 quarters globally. Isn't that too pessimistic?
"It is expected that the current magnesium reserves in Germany and throughout Europe will be exhausted in a few weeks at the end of November 2021 at the latest," the group said. "In the event of a supply bottleneck of this magnitude, there is a risk of massive production losses."