there is wave 5.....

Why cram er is wrong..... First of all... I think cram er is a decent person... he just needs a scape goat for the turn in the market..... and yes we have massive deflation coming... but it's the Japanese mistake to devalue their currency to try to deal with US. Deflation in a Global economy... so Yes Crushing deflation.... but to get the liquidity needed... we have to get Savings going in the economy... The economy will not turn in this country till we hit a 8-10 fed rate.. Get people to save money so that it can be lent into the economy to rebuild it.