And the market says: bullshit. Dow futures down 259, S&P 500 futures down 31, NASDAQ futures down 46 at 9:21 AM eastern time.

Fear and panic, fear and panic

Phobos and Deimos. They're not just Martian moons anymore.

The headline says "worldwide" but it isn't at all. It's just the US, Canada and a few EU countries. Basically, the "white" countries, approximately 1/6th of the global population. But they continue to think of themselves as the "world," since in their worldview only white people exist. They're desperately trying to make this out to be some "global" crisis (and it is in certain ways), but basically it's Corporate America and Corporate Europe and Japan. But making the focus "global" distracts attention from the fact that it's primarily the corrupt governments of the US and the UK that are at the core of the problem.

Longer Euribor rates INCREASED today:

Interest rate first, then relative change to yesterday:

Euribor 1 week (360) EUR 4,79% -4,56%
Euribor 1 month (360) EUR 5,126% -1,37%
Euribor 3 m (360) EUR 5,393% +0,00%
Euribor 6 m (360) EUR 5,448% +0,18%
Euribor 9 m (360) EUR 5,484% +0,49%
Euribor 12 m (360) EUR 5,512% +0,47%

TED-spread went over 4.1% early in the USA.