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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Elroy Jetson who wrote (122230)7/6/2009 5:28:10 PM
From: carranza2  Read Replies (1) of 206133
 
In most cases, credit bubbles are followed by deflation. Argentina is a rare exception; Japan - and perhaps the US - the latest example.

B. undoubtedly knows this.

The credit bubble was widespread globally. Deflation may therefore also be a global affair this time around.

Throw in a few hundred trillion in derivate exposure into the mix and things don't look very good, do they?
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