Thursday, December 18, 2008

Reflation, you have heard of inflation and deflation, now meet reflation

Reflation is going to occur throughout 2010 and will be the final nail in the coffin of the US economy, it will be caused by massive inflation of 6% per annum after the governments artifical lowering. It will be coupled with huge job losses, the collapse of the US dollar and will signal the beginning of the next great depression.

Feeling cheerful, bright and breezy........

Sorry for doom and gloom but it is almost impossible for the situation to change whilst the banks and government are artificially stemming the growing tide of foreclosures, whilst the Autoworkers Union is left intact in any form and whilst people continue to listen to the clueless rating agencies that can do basic maths and have no real understanding of business.

Copyright Jonathan Rose 2008 - Creative Commons License

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