The combination of rising inflation and slowing growth may bear a worrying resemblance to the stagflationary 1970s, but there has been a sea-change in advanced economies since then.
Fears of tightness in the products markets bolstered the crude oil with Gasoil in Europe leading the way breeching stellar levels over $1,200 dollars per tonne.
There's always a constant fear of falling behind everyone else on the socially perpetuated race to the finish line, whether that be toward graduate school, medical school or lucrative career.