"The fact of the matter is, the recession never ended - it regressed into a full blown depression. Notice how the debt monster (required to keep the banksters bonuses rolling) has reached a 90 degree trajectory, similar to the inflation rate the whole world will soon experience once that "excess liquidity" begins to seep into the lower rungs of the population. And more fiat requires exponentially more fiat to keep it going.
"Case in point - the "big" news Fryday afternoon from the ISDA that stated Greece has officially defaulted (our diligent readers already knew that) has amounted to not even a blip for the ponzi markets - this with Portugal looming in the coming weeks. Why? Besides the fact that retail suckers investors have left the building and will never return (a MUST read), besides the fact that fundamentals mean nothing to pricing/risk, the "markets" run by the banksters are expecting - no, correction - they are demanding that more fiat be printed; Dr. Deficit will gladly oblige. If the Federal Reserve's prime objective was to remove all risk/uncertainty/reality from the markets, they have succeeded - and killed everything that a free market is in the process. Thus the accelerated rate of fiat that is required to keep the ponzi going..."