Today is the worldwide day of last-resort lending as described by the English economist Walter Bagehot in the 19th century: All countries will be liable for all countries, all central banks for all central banks, including the International Monetary Fonds and the World Bank and many other international institutions. And all countries will take responsibility for all banks, however, all central banks will also face the music for all countries, and all countries for all central banks. All, all, all will be there for all, all, all. And all know, that nothing must happen to anybody, since then it would happen to all of them.