The global political situation is in flux, the currency situation is tenuous and the financial markets are in turmoil.
They are not easy to navigate your way through, but it is certainly fascinating.
I think that the banking crisis is just in its infancy and no matter how many plasters are put on its injured carcass, they will not be able to hold its skeleton together.
As matters stand now it appears to be holding up and I am certain that furious negotiations are underway to try to underpin the entire system. Even Jamie Diamon of JPMorgan thinks ‘the banking crisis is not over’ and the mainstream media is prepared to report it which is surprising.