Is Demand Destruction a Biggest Threat to the Global Economy?

My probablistic framework is slightly tilted towards the fact that demand destruction is big enough to slow the price of comodit rises. We don't know what end final demand is, cause we haven't seen it. My guess actay hit deflation in terms of headline c p i for a period of time and have the volatility that jim's talking about. It could be negative for asset prices, or it could be positive. So we'll see how this plays up.