JPMorgan passed BofA as the biggest bank yesterday. For some reason that caused the stock market to rise. Let me put it in perspective for you.
JPMorgan is the Titanic, headed into the ice-field at full speed. The lookout, who doesn't have any binoculars, is cowering under the crow's nest so his eyes don't freeze and fall out of his face. In ten minutes, when they hit the iceberg, the Captain of the ship will toss a bunch of women and children into the icy water and save himself.
BofA is two minutes away from being BP and destroying the Gulf of Mexico for the next hundred years.
Together, the world's financial entities are Fukushima personified and they are going to destroy the entire world while claiming it isn't really happening. Nothing can stop it.
Get the picture?