Is There a Risk of a Deflationary Event?

In the global South, we see things differently in terms of how economies face crises like this. What we may be starting to see here potentially is what you would call deflation,. Like literally deflation, like the economy is going to shrink potentially. This is just like normal in emerging markets or in the global South. And I think as an immigrant, many people who are immigrants are familiar with a situation where they, you know, basically things go to hell pretty quickly.

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