In a few hours, in New York, a little bell will ring.
And then all your hard work, a lifetime's effort of diligence and sacrifice, will begin to vanish. All that you saved, all that you invested, all that you salted away in pensions for when you're old which is sooner than you'd like it to be, will start to erode, like salt in a rainstorm.
You think it's been bad already, with indices like the Dow and Nikkei falling 7-10% a day, and the Iseq a mere fraction of what it was only a year ago.
But once that little bell rings, complex mathematics overseen by overpaid shouting white men will take over, and all the many hours of your effort, all the careful scrimping and saving, the self-denial, the sacrifices you made, they'll all begin to fall in value.
Not in real value. You put those hours in, you did the work, you strove to ensure the future for you and your family. That value remains in your character and the admiration of those who love you and witnessed how hard you slogged.
But in monetary value, a large proportion of your efforts is about to vanish for no good reason other than the greed of bankers and traders and their deliberately opaque and complex system of self-reward.
The solution is NOT to do what is currently being done. The solution is to do the exact opposite. Rather than ensuring their losses, it is time to hold them culpable for them.
It's a solution I'm prepared to bet no government in the world will implement, not even Iceland which officially went broke as an entire nation yesterday. But it's the right solution.
It may provide you with a little comfort today, after the little bell rings and your savings, investments, pensions and stocks start to diminish before your very eyes, to know what the answer is to this economic meltdown.
That's why I offer it to you. Remember who's responsible for this mess and hold them to account. They just stole years of your working life and pissed it up the wall.
Otherwise, when that little bell rings, take cover. A global depression is coming out swinging.
Update: It's bad alright.