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In this Bloomberg story,
misery indexes (i.e., the combined unemployment rate and inflation rate) are
calculated for countries around the world yielding the following results:
Based on this Cato Institute report that puts
its annual inflation at just shy of 300 percent per year, Ukraine has the
potential to far surpass Venezuela, Argentina, and South Africa.
Also, there’s lots more related data in this table at The Economist
where, for some time now, they’ve refused to publish the government reported
inflation rate in Argentina, kindly characterizing it as “unreliable”.
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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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