This may well end up being a foot race between the inflation of higher commodity prices, including oil and the deflationary impact caused by collapsing economies in the West as rapidl increases in oil prices oil becomes the final bubble to pop. Just like the credit and debt bubbles which preceded it. Between the East and West, there is not much question which parts of the world are better prepared to deal with such a situation!

Yes Brian that could be a tricky one if that's the case.