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Inflation Wrecked Countries of 2010

Inflation Wrecked Countries of 2010

The global economy is said to be facing a "slow motion train wreck" according to Reserve Bank director Warwick McKibbin, speaking at a Melbourne conference.

Referring to the most recent global economic crisis in Europe as a mere ''blip'', he said the coming crisis could undo the mining boom and bring on inflation of the kind not seen since the 1970s.

But while the spotlight in 2011 is on the demise of the PIIGS, rising inflation - and especially when it comes to food prices - is screwing the developing and emerging economies.

Here are the 20 most inflation wrecked countries in 2011;

Credit: waves360boy


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