Jim T. suggested a good piece by Thorsten Polleit: How Deflationary Forces Will Be Turned into Inflation
AmEx (American Expat) sent us this: Local currencies: ‘In the U.S. we don’t trust’
The FDIC Friday Follies have resumed: Banks closed in Georgia, Florida, Pennsylvania; first failures of 2012
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.
Items from The Economatrix:
Wall Street Rises On Bank Results, But Google Sinks Late