Shady high-stakes gamblers using other people’s money Investment bankers getting their comeuppance is one thing. Global economic collapse is something else. This is only a Panic if we make it one. Fear begets fear, which leads to the populace en masse taking drastic steps we normally would not. Hyperbolic news reports become self-fulfilling prophecy.

Just say no. Kill the collapse by refusing to give in. And whatever you do, don’t give the swindlers another $700 billion to play with.