It is not just U.S. inflation that is surging. Other countries have followed the U.S. lead and pumped massive liquidity into their economies. For instance, Brazil had double-digit inflation, Mexico had 6.24% inflation, and South Africa had 5% inflation. Brazil: In October Brazil announced that it had broken the double-digit inflation mark at 10.25%. The last time this happened was in 2016. In November they announced that as of October annual inflation was up slightly more to 10.67% with monthly inflation of 1.16%. In addition, Brazil is suffering from 14.1% unemployment resulting in a Misery Index of 24.77%. Currently, the U.S. Misery Index is less than half that at 10.82%. UK Inflation … [Read more...]