Housekeeping - We Are Back
Update: ok, the 10,000 people that just hit the server didn't help.
We apologize for the extended downtime. European server hosts responsible for the crash will be promptly punished when their sovereign CDS shortly catch up with BP's defaults risk (+108 now to 368bps, 27% implied default probability for 5 Y). We are comforted by the fact that Ben Bernanke sees no future crash for Zero Hedge servers, ever again.