All US jobs created since the Great Recession have been wiped out in just 4 weeks; It took one month of volatility to Annihilate any remaining semblance of Fed Credibility and independence.

The World Economy Is Now Collapsing: FT

Ninety per cent of all countries will experience negative growth in real gross domestic product per head this year, against 62 per cent in 2009, when China’s robust expansion helped cushion the blow.