Here's a picture. It tells the whole story. Never mind CNBC. Never mind Bloomberg. Never mind Fox Business.
Look at this picture. Understand it. This is the predicament of the Federal Reserve, and all it affects all of us. Globally.
Like any staring contest, someone will blink. Once they blink, the system begins to falter - and 2008 looks like a quaint prologue to a larger tragedy.
Let's support each other. Let's be prepared, with our eyes wide open.