Like Faber keeps crowing about, it will all end horrifically one day. Then no one will say they saw it coming. It will have been, "impossible to see". No one could fathom that endless printing would have had such consequences as we lose reserve currency status and the death of the petrodollar goes the way of the Roman denarius.
Its coming. I think it may be time for STB to get back on the doomsday rant train of old. Screw the markets. They will turn when something (catalyst - possibly CDS - leading to the "event") forces them to, but not till then will anything material transpire.