Despite Upping The QE-Ante, Europe Will Sink Into Deflation, Trigging The Next Round Of The Global Market Crash

``The inflation expectation for the entire year 2015 is just 0.1% and is expected to increase to 1.5% in 2016 and 1.7% in 2017. This also means that a deflation in the next few months (on the back of a lower oil price) is a very realistic possibility now and it certainly looks like the ECB will have to step up its game to make sure it doesn't lose control.''