bear market has become predictable, page-27

I have to agree with the Hedge. As crazy as he may seem, he does talk good sense.

We have entered into a period of deflation where cash will be king. All asset classes are falling. Even gold can't be used as a hedge against a falling US dollar. Global housing markets are plummeting and so are shares. What's going up? nothing! Then why are some silly people calling this inflation??!!

Mish says it well -

http://globaleconomicanalysis.blogspot.com/2008/03/now-presenting-deflation.html