Thanks MM and I agree completely; iTulip somehow draws an incredibly diverse group of very smart people (and yes, God bless Sapiens Ė he indeed missed an interesting chapter). I also by no means want to dismiss EJís previous hits. These are both very real and commendable.

I do however firmly believe that the markets are long dead. The few guys in charge have full control. They will get what they want when they want. Therefore, there is not point in trying to make sense of it or forecast any of it.