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I don't think the past 8 months (and especially the past 2) could be characterized as a 'minor episode'. I hope it turns out to be. I hope I am wrong. I hope against hope. The derivitive defaults are just beginning and will occur at an ever increasing rate. This unwinding feeds upon itself, much like an accellerent in expolosive devices. It is like a wedge on the front end of a storm, at first concealing what is developing with the updrafts being created, and then....sudden destruction....a whirlwind of unpresedented proportions.

The USDX is 71 and change. Eight to 10 months ago the USDX was 91. That math does not confound anyone. It is going to .52. Financial systems cannot stand that kind of strain. Worldwide commodities are rapidly inflating while the dollar is taking it in the rectum. We find ourselves in a position which has very little in terms of choice. Given the fact that Bernanke has shown his hand and will monitize the debt rather than fight inflation. He will destroy Grandma's savings, and your retirement, and your childrens' future.

Jefferson said he had rather face standing armies than have Central Bankers in charge of the money. We are witness the why he asserted his position. Money changers have soulless hearts.

...USDX is 71 ...

71 of what?

How is that number calculated?

I remember a few days ago it was at 74 and some people were wetting their pants.