"We all secretly know this and yet the markets bounce this...

"We all secretly know this and yet the markets bounce this morning. Not because there is any hope of recovery - only because we know a huge flood of heroin in the form of QE is on the way to keep the terminally ill patient breathing for a little longer."

Horsa - you are right on the paper money.
It really is the dawn of the day of reckoning.
I have a hope that the world's ordinary citizens will re-establish their own gold standard - inspite of the super-wealthied paper monied. Leave em too it - let them bankrupt themselves in their games of Debt Twister.

BTW - heroine/morphine suppresses respiration. In other words they are euthanasing themselves....LOL