And whether you think they're backed into a corner or not, THEY put themselves there.

Certainly they did that. The liquidity crisis in the USD is all the Fed's doing. And guess what, they will continue to make the problem worse. In fact, we are seeing on a weekly basis.

Ultimately, the Fed will crash the economy before they realize what is going on. So we know where the source of the problem is, at least on the surface. Deeper down, the real issue is a debt based monetary system which means that default is built it. There is not enough money out there to pay all the debts due to interest which starts ticking the second money is created.

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