Doesn’t this zerohedge site run a financial end-of-the-world story about twice a month?
When you read the story linked to Zero Hedge, you'll see that this story is a commentary on an underlying story on international banking law at Rueters. The Reuters story (in case you don't want to sully your mouse by clicking on a link to Zero Hedge) is here.
The Zero Hedge commentary on the Reuters story displays no little glee that the "end of the world" charge which you level at Zero Hedge is in full flower in the prose of the Reuters article!