so the DOW continues to go down [View All]

As I said the other day... I think we are now in a slow motion crash... that is just my opinion but we are, quite frankly, beyond just a correction.

And yes, this is about our lovely global economy... not just the US... but hey, if you are talking globalization a crisis in any one region could and would do this... and this is about a 20% correction so far... I am sorry, but isn't a correction 10%... I love these analysts, I really do.

Oh and now they are talking deflation and stagflation... nope they are not the same thing... and it was a DEFLATIONARY environment that not only led to the lost decade but was also part and parcel of the Great Depression

(Disclaimer: getting things does not mean one is celebrating them, disclaimer needed since I expect that charge anyway)