Waiting for the collapse of world prices: the more dangerous low price?

Rules igry14-07-2008 waiting for the collapse of world prices: the more dangerous low price? The world economy in a year waiting for deflation. The current rise in consumer prices will change their fall. This statement was made by a famous analyst Societe Generale SA, Albert Edwards, who predicted the Asian currency crisis of the past decade. Deflation, which may soon replace the current rise in prices will be a serious problem for the world economy: "Inflation fears are exaggerated, and may again be at risk of deflation as a result of global recession and bubble burst in oil prices", - said Alexander Edwards, who for seven years, holds the championship in the European ranking of the leading global analysts versions Thomson Extel. Deflation is an economic decline as a result of a gradual fall in prices economic agents prefer not to invest (not invest and not to buy) and accumulate to a certain time (several years) to spend it more profitable as a result of falling prices. As a result of strong demand falls, which further stimulates the fall in commodity prices and reduced production volumes due to the fact that demand is too low. The result is a drop in the economy, growth bezrabottsy.