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Yea, shorting equities is the way to go. I've taken advantage of the low volume trading and get high dividend paying stocks for now, obviously short term. With that said, I'm not partial to the deflation theory. I don't even see how it's possible. We're in a period of disinflation and QE right now but Bernanke would have to be dumber than he already is to introduce negative interest rates while contracting the money supply. I'm on the inflation/hyperinflation bandwagon. Deflation would just be a step before those but I doubt it would happen.
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Greed is Good 
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