DEPRESSION OFFICIALLY HERE!!!!!
From the WSJ:
Japan's gross domestic product fell an annualized 12.7% in the October-December quarter.
The generally accepted definition of Depression is a 10% fall in GDP. Japan has formally entered into a Depression. I expect America and most of the rest of the world to be in a similar position by summer.
Now MarketWatch is telling readers to prepare for Deflation.....
The deflation nation train will be stopping soon at your station.
And just think....some Fools are still blogging inflation..........