Meanwhile, good ol' Bullet Magnet is making a killing in short-selling!
Seriously, this is all the fault of greedy bastards (ie, just about everyone in developed and most developing nations) who survive on borrowed money. For the last several decades we've all been spending money that doesn't exist, and now its all catching up with us.
Incidentally, economies are abstract, whimsical entities that do not really exist outside of the minds who understand it (ie nobody) and those it affects. And our entire civilisation is built on this shit. Is it any wonder?
Really, such obsession with the movements of small green pieces of paper!
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