Karl Denninger: This Had Better Not Be True
• Market-ticker.orgI do not normally reprint rumors at all, as they tend to be very destructive, but this is a special case because the risks, if the rumor is correct, are exceedingly high. I'm sure you thought the 500 point loss on the DOW today was horrifying...
The markets are so rigged that this isn't a panic by investors fleeing. It is one more 'justifiable' thievery justifying more thievery.