As I awaken this morning, I see global shares down sharply – across the board; but particularly in the emerging markets “lowest on the totem pole” regarding investor confidence. Not to mention, the Indian Rupee is down another 0.7%, to yet another all-time low. I just read that Obama is having an EMERGENCY, closed-door meeting today with ALL the “financial heads of state” – i.e., from the Fed, CFPB, FHFA, CFTC, FDIC, NCUA, SEC & Comptroller of the Currency. Trust me, my friends, TPTB are terrified that their QE Ponzi Scheme is about to get out of control; thus, ending the last few “can-kicked” years of the 30-year Treasury bull market. If this is the case – which I strongly believe it is – no amount of PPT support, or Cartel suppression tactics, will prevent the inevitable market turmoil that will DESTROY the global financial system – per the damning chart below.