But if asset price inflation turns to asset price deflation first, bringing about recession, then goods and services inflation is pre-empted in the immediate cycle.

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Most of them in a context of an expanded vision of basic education for all that should go from one year of pre-primary across to the lower secondary school cycle.

UNESCO: EDUCATION

That's not to say Palm won't eventually offer a binary SDK, but the tools they appear to be offering up front won't get the job done, and we've confirmed in talking to Palm that Pre gaming was never a priority for the company during the development cycle.

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"I would think that developers would want to look at a lot of these other platforms, like the Palm Pre, because they would still be so early on in the development cycle that they could get their app out there, " Siegler said.

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The first is more dangerous, and the case for pre-emptive action stronger, he argues, because it comes with a cycle of leveraging against rising asset values.

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