[crabapple]

History promises inflation, not deflation.

BINGO

all that money being printed now with reckless abandon, and the tens of trillions more we will print as the boomers retire...its gotta chase something...it will chase commodities through the roof. oil will go to $500. your weekly grocery bill will be over $1000. now's a great time to stockpile the black stuff before it goes crazy. it will be amusing watching futures traders get gutted as they open up shorts on oil futures presuming it will keep falling...

[kiplinger]

What are you on? I ask because in another post you say "real estate" will lose 50%, if that is true, then you have a severe price drop in a non liquid asset, also if the recession is as severe as you say it will be, then people will not be spending any money on goods which will drive the price of most goods down resulting in a period of immense deflation, which can be equally damaging.

I don't have an advanced degree in econ like you may, so I don't really get what you are saying but you seem to be "amused" by being overly negative. you are making Roubini sound like a shiny happy person.