One by one, U.S. and global leaders are lining up to talk up their respective schemes to end this once in a lifetime economic collapse. Collectively they are putting on a unified road show to ensure us pawns that the trillions upon trillions being spent on massive, never-before-seen global bailouts will in fact work, and will save us from the oncoming freight train that is the Second Great Depression.

Listen and listen carefully folks; don’t believe a single thing they are saying. Let me put it this way; if their lips are moving, we are being lied to.

Here’s the truth of the matter. One by one our largest and once most respected mega- companies are becoming insolvent, and there is absolutely nothing that can be done to stop the process. The debt levels and derivatives held against this debt are just too overwhelming. In a period of unmatched deleveraging, where bank financing is nearly impossible to obtain, corporate America, the entire corporate world (outside of China), a...