All Downhill From Here

Bob Janujah drains all the happy out of the Happy-Face Financial Network with this interview where he lays out the worst-case scenario for the next couple of years financially:

“Over the next 6 months we will see private sector deflation pushing 10-year yields down to 2 percent. This will see the policymakers mistakenly attempt to kick-start the economy and market with a global quantitative easing program worth between $10 and $15 trillion dollars."

That of course will whipsaw us from deflation into hyperinflation, and from there it gets really, really bad. Also, the teabaggers will take over as a result.

Like I said, worst case scenario.