Jamie Diamond identifies stagflation (high unemployment, high inflation, slowing economy) as the worst-case economic scenario.
"The worst case is stagflation you know higher rates because you have a booming economy and there's a lot of competition for capital is not the same thing as stagflation stagflation means that you have three things happening number one is you have high or Rising unemployment number two is you have high or Rising inflation and number three is that you have a slowing economy like a recession and this is what Jamie Diamond calls is the worst case scenario"
