"Update" (19 Septembrie 2011):
"This entire mess (and it's a big mess) is fundamentally about lying.
Lying to ourselves, lying about solvency, lying about balance sheets, lying about being able to stop drinking from the "cheap credit" well any time we want.
It's all been a lie, and we're all suffering from it.
...
The lies are no longer working. We must choose truth."
Karl Denninger