Plan C and D are probably what the banks are counting on instead - more QE and federal bailouts.
I guess we’re just supposed to let the clown juggle running chainsaws in a crowded room and deal with the carnage if it all goes horribly wrong.
What they are doing with these “financial instruments” is dangerous to the rest of us, and should be banned. Kind of like running the local meth dealer out of business, no?