Thanks for posting, a good read. I have thought for some time that we are at a crossroad between hyper-inflation and a deflationary depression. Kunstler logically connects the two.

For anyone interested in Kondratieff wave theory consider a conclusion by Koos van der Merwe ("Technical Analysis of Stocks and Commodities," November 2008): The K-wave forecasts 'that the recession will last into 2012...." I personally think that the wreckage will be on the order that Kunstler suggests with extraordinary consequences. We seem to have a whole flock of "Black Swans" flying in.