If the Forbes people are right, and what’s coming is not stagflation…. but, as Jimdesu has suggested, stag-deflation, and a lasting one which will run a minimum of 24 months, then this is a call for an all-hands to the rail, get rid of your consumer debt pronto approach.
Or am I misunderstanding? This sounds like klaxons going off, to me. Oh, and is it officially okay now to sneer at Alan Greenspan?
