The global economy is in weirder shape than it's been in a long time.

Major economies are emerging from lockdown, a complicated set of dynamics in Europe and Asia is causing energy prices to soar, and there's a new focus on driving down emissions.

So do all these things taken together add up to an economic meltdown?

Today on The Signal, we're speaking with the ABC's Business Editor Ian Verrender about whether we could see a repeat of the stagflation crisis of the 1970s, and how long it could last.

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Ian Verrender, ABC Business Editor