Global deflation risk grows
October saw one of only seven monthly drops in the core Consumer Price Index since 1947
Global concern about inflation, which was widespread just a few months ago, has given way to worries about an opposite and potentially more dangerous problem: deflation. Full Story »
Posted by Dan Kennedy
While deflation may be a problem in theshort term, I believe market correction will fix this problem. With people selling and flipping houses at two and three times the price of the original prices, something has to give and unfortunately it starts with the low man on the totem pole.Fortunately, profit is like shit, it floats to the top.