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JP Morgan Chase is promising that nothing bad will happen, so terrible things lie ahead. For everyone. It's not just the US economy, it's a global problem. US QE policies led to big problems in China. China tried to dump all their worthless dollars and found slave markets to dump them in. It's a pun, because the Chinese government is also hugely complicit in human trafficking into their vassal states. Canada will probably be the first to go, then Australia. This recession will be global. And the worst part is that people do not have any savings. If they turn to their governments to save them, they will find no salvation. Government debt acquisition is just non-functional as a means of delaying the inevitable, any longer.

It's also really odd that Goldman Sachs fell from being the largest bank in America so quickly. A bank which has had really aggressive emerging markets positions has seen big losses, while the GDP of emerging nations is up massively.

Something is wrong, but nobody can really put their finger on what it is. The markets don't make sense and the rules are all made up. It really is like, suddenly, finding yourself in Bizarro World.