THE NOTION THAT WE "DODGED A BULLET" AND ESCAPED ANOTHER GREAT DEPRESSION...HAS CRASHED...
THE JAPAN MELTDOWN WILL BE A CATASTROPHE OF SUCH GLOBAL MAGNITUDE THAT THE WORLD ECONOMY WILL BE PUSHED INTO A GREAT DEPRESSION...
JAPAN IS ESSENTIALLY OFF LINE IN THE GLOBAL ECONOMY NOW...THEY HAVE A 10 YEAR CLEAN UP TO DO...
CHINA WILL FALL IF JAPAN GOES DOWN...
BERNANKE'S BUBBLES FOREVER MONETARY POLICY IS TOAST...THE PUNCH BOWL WAS KNOCKED OFF THE TABLE BY THE JAPAN QUAKE...
AND THE MIDDLE EAST IS RUNNING AROUND WITH ITS HAIR ON FIRE...!
PERFECT STORM...SEEMS APT TO DESCRIBE WHAT'S HAPPENING...
BUT WE NEED TO GO DEEP INTO GREEK AND LATIN STEM-WORDS...NOW...TO FIND A NEW WORD FOR A CATASTROPHE OF THIS MAGNITUDE...!!