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It is time to get get ready for a worldwide depression lead by a massive stagflation
Sam Adelton
Sep. 15, 2006
The stock market worldwide is making their last joyride as the financial systems show signs of meltdown with hyper-stagflation.
China and India will lead the depression with their in build hyper wage deflation. Outer circle of the world economies are facing commodity and ''easily printed currency'' driven inflation that may not last long. The debt circle has created mechanism that allow little confidence on the central banks. The inner circle of economies are enetering the deflation zones that can self feed itself for decades.
The depression has started. Manifestation of the same is clear from the falling prices of energy, gold and metals. The commodity prices are collapsing as we write this article. The bubble has finally bursted and the commodity and excesses in real estate market is guiding the world economies to the basement.
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