Economics and Investing:

Jim T. suggested a good piece by Thorsten Polleit: How Deflationary Forces Will Be Turned into Inflation ^[1]

AmEx (American Expat) sent us this: Local currencies: ‘In the U.S. we don’t trust’ ^[2]

The FDIC Friday Follies have resumed: Banks closed in Georgia, Florida, Pennsylvania; first failures of 2012 ^[3]

A reader in Manitoba wrote ask me about possible trigger dates for a financial panic. I told her that a key date is March 15, 2012. That is the day that the Greek government must either cough up the cash, or admit default. Fitch seems to consider Greek default almost a certainty ^[4].

Items from The Economatrix:

World Bank Cuts Economic Outlook, Says Europe in Recession, Warns Developing Countries to “Prepare For The Worst” ^[5]

Silver to Explode Upward ^[6]

Wall Street Rises On Bank Results, But Google Sinks Late ^[7]

12 Things To Keep In A Safe At Home, Not In A Bank ^[8]

Oil Above $101 On Hopes IMF To Curb Europe Crisis ^[9]