### Comment:
Doomed to be forever flat?

### REPLY:
1. low-to-no growth in developed markets 
 2. permanently suppressed credit conditions (rates at or near zero indefinitely) 
 3. deficit spending and central bank stimulus fails to restore growth 
 4. low inflation 
 5. corporate credit bubble implosion stalls halfway, propped up by nationalization and/or central bank credit infusion, resulting in a surfeit of zombie companies on permanent life support

### END.