Health, Myths, Fraud and the Crisis

IMO a brilliant analysis from Andy Xie :

American pundits, Nobel laureates included, are predicting Japan-style deflation for the U.S. and Europe. …On the other side of the world, consumer prices are surging. Emerging markets as a whole now have an inflation rate of more than 5 percent … Deflation prophets in the West are in for a rude awakening. Eastern fire will turn Western ice into a mess, and 2012 looks like it will be the year of melting. The fuel for the fire is coming from deflation-fighting stimulus programs, such as that of U.S. President Barack Obama.

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