As the UK Receives reports of high inflation, experts say DEFLATION is the worry

[truedelphi]

And deflation means depression, I suppose

http://www.marketoracle.co.uk/Article6283.html



Oh what a two weeks it has been. It is a CHALLENGING task to figure out the latest FINANCIAL and Geopolitical curveballs that need to be interpreted. The activity in the last two weeks is EXACTLY why the “Crack Up Boom” series has continued. They stepped over the line with Bear Stearns (they had to) and the next dominoes to fall have done so. As Fannie and Freddie continue on the path to their demise, and that of the US dollar, the money printing now must go into a gear that is feared by the US Treasury and the Federal Reserve.




It's been ten short years since Graham-Bliley severed the wall between banks and investment houses combined with EASY Alan Greenspan's monetary policies, and now the disaster has mushroomed to envelope virtually all of the US Banking and financial industry. It has proven that Banks are not investment and hedge fund managers, investment bankers are not bankers and that once they try to be they open themselves to IMBECILITY! Further, that the public is NOT capable of running their lives and finances as HEDGE Fund's and BANKS do. Banks and brokers were NEVER meant to be speculators; they were to be the croupiers.

At no time in history has the biggest money in the world been as MISALOCATED and invested as it is today. Generally run by misinformed, poorly prepared ignoramuses who are at the top of the world investment and banking industries. They have not studied history or know economics and are repeating it as is always the case. THIS IS THE BIGGEST OPPORTUNITY IN HISTORY. The greatest transfer of wealth from those that store their wealth in paper to those that don't is unfolding. ALL Markets will have to price in reality, and the reality is that the G7 in general and the financial and banking industries in particular (there are exceptions to this) are INSOLVENT. Rather than default through the normal process they will default through the printing press as legendary economist ADAM SMITH and Ludvig Von Mises have illustrated and predicted in their bodies of work. VOLATILITY IS OPPORTUNITY AND IT IS SET TO EXPAND. ####

see link posted earlier in this OP