I believe it was a couple times in mid-May, same general comment maybe different words.
I think a deflationary crash is certainly possible, we've gotten debt levels to absolutely crazed levels with the frenzy of the last few years and in no way is there enough cash flow to continuously cover it, and that will get worse in a secular trend of rising rates. And the economy of the last few years would certainly seem to fit a crack up boom. I remember the 70's as a kid, didn't get started on money mangling until literally a month after the big 1982 low. That's probably the preferred outcome by the them, but at this scale it may be real hard to avoid deflation- and I think Central Banking overall is the biggest bubble still standing.