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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (83367)	8/18/2008 7:31:46 AM
From: westpacific	Read Replies (2) \| Respond to of 116555

Mish, massive deflation past two weeks. My indicator has dropped from .15 to a low of .105, the high this year was .18....... This was the biggest, short term drop, since the reflation began in 2003 that got us into this mess in the first place! Mass deleveraging by hedge funds and everyone else for one, and lack of liquidity coming out of the banking sector. In the coming 3 or 4 years, delation will rule and it 'will all get wasted'. Flight to cash. And not the dollar! W