RBS Strategist Particularly Pessimistic

 Deflation, GDP, Inflation, spending  Tagged with: , , ,
Jun 062010
 

Quite a while back, when “green shoots” were all in vogue, I suggested that 2010 was the year when you would start hearing the dreaded “D” word (Depression) being thrown around as a matter of course. The ability to propagandize that things were getting better would crumble in the face of continuing negative numbers.

Here is an interview with an RBS representative that explains how additional deflation unleashes a massive Quantitative Easing program around the world and turns the world into an hyperinflationary mess.

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  One Response to “RBS Strategist Particularly Pessimistic”

  1. ta harrison smith says:
    June 7, 2010 at 2:34 am

    Pessism is warranted at this point
    “Do or die”
    Its late in the process to turn around
    And have a jihad aginst the west
    As well as old socialists seeing an opportunity to join the fry and push for powerat this low point
    All in all not good for free market
    Smug EU always wanted us to foloow:and now they turn again
    For elite people they are not very smart
    Too late too save eu.too latechina/soviet watching
    And oil in the persian gulf is grave danger of spoiling everyones fiscal planning in next 12 months or so
    All in all not good!