Well I warned you clueless immoral longs to get out while last week's phoney rally was on. The main problem is the phoney trading system and the lie that emerging mkts cause economic growth in the west. The massive trade imbalances show this is a lie. Their failed development models are all based on stealing jobs and sales from the west that makes the world poorer, and that in turn is at the heart of the financial crisis. So until we deport the coliers to their muds huts, force a managed trade on the assian cheaters and stop buying arab oil things will not get better but will get worse.