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Interest Rate increase, Balanced Budget,Debt Writedown needed to avoid WFC. The Fed 's QE campaigns (ECB's counterpart is the LTRO), bond ploys, and zero interest rates fuel risk underestimation / speculative investing, and devalue currency, in an effort to serve as a numbing agent, postponing inevitable reckoning corrections on the economy - that when they finally and inevitably hit - will produce a shock terribly more forceful. Such policies destroy capitalism, which if allowed to operate, is self-correcting, and pilfer savers' interest earnings. Regulation evaders use scenario margining to exploit world's loosest rehypothecation rules, raising risk interdependency across institutions, making the world's financial systems less robust to crisis. Rampant unpenalized market manipulation from the world's biggest banks : gargantuan naked short sells and high-frequency trades. OTC derivatives bubble crisis looms; the value of this market now dwarfs all the world's GDP's combined.

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