"The US economy is heading for a double dip recession, entailing inflation and high interest rates. Obama will get the blame and a conservative government will be voted in to get medievil (read austere) on the populace. The short term may see deflation, but the mid and longer term are all about inflation."
This is the summary of a flow-chart diagram I have posted on my blog www[dot]rustin[dot]co
Diagrams are clear and make it easy to isolate specific assumptions for debate.
I'd love to hear what you all have to say about my diagram of the US economy.