There is good reason to think that treating Brazil's crisis as merely a temporary setback on the road to recovery is to ignore a potentially more ominous Big Picture - that the event represents another loop in a deflationary spiral that could dampen the world's economic prospects for years to come.

CNN: BRAZIL'S BOMB

For those who are struggling to keep the Anglican show on the road, that was a nasty setback.

ECONOMIST: A meeting in Louisiana papers over the cracks

For true Bitcoin believers, every setback is a minor inconvenience along the road to a bright future in which all fiat currencies are swapped for the ubiquitously accepted Bitcoin.

FORBES: Bitcoin or Gold: Which is More Fiat-Proof?