If you are involved in business today, you know that we are looking at a tough fight out of the collective mess that we are in. Just 6 months ago today, I wrote a post that featured a “Deep Dive” with John Mauldin on housing. It ended with “We are in for a slow, Muddle Through recovery, with the real potential to slip back into recession when the tax increases hit. Stay tuned.” Well, that was 6 months ago. So, as the always dependable Rocky Vega at the “Daily Reckoning” put it today: “Recognized financial editor John Mauldin recently gave a “Thoughts on the Continuing Crisis” lecture where he showed the US is entering a deflationary period much like the one Japan’s been in for about two decades. The Business Insider has put together a slideshow of over 20 of his charts, and here are 11 highlights from the presentation: 1. The US headline Consumer Price Index indicates deflation 2. A record nine million Americans, more than at any other time, … [Read more...]





