A Pleasant Lull - KUNSTLER

``The sudden bankruptcy of South Korea's Hanjin Shipping Company ought to send shivers down the scaly spines of globalism's cheerleaders. Fragility is everywhere in this unraveling network of gigantic, far-flung promises and obligations... More concerning, though, are the conditions of the banks. When their true insolvency is revealed -- which may coincide with the height of the election season -- look out below. The bankruptcy of one measly shipping company will look like a zit on the ass of a diving blue whale as countless trade operations seize up for lack of confidence that they will ever be paid. Then what?''