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Two things. JasonC is one of the smarter brains on this forum. He seems to be a bit unhinged of late and THAT has me worried about the economy!

The second thing is this: the FDIC will not be allowed to fail for obvious political reasons. They can't middle America would be wiped out and Geithner will be walking the plank...BUT all of this Fed and Treasury money infusion is turning the dollar into crapola. The world is starting to look for different kinds of payment to preserve value. I've seen a contract recently where the non- US party wanted payment in something other than US Dollars. Too risky, given the relentless increase in money supply. When the music stops and everyone scrambles for the chairs, there won't be enough chairs. The smart money is getting out now. Before the music stops...

Two things. JasonC is one of the smarter brains on this forum. He seems to be a bit unhinged of late and THAT has me worried about the economy!

i have seen JasonC post good stuff in the past, but like you say, he has been "a bit off" lately. not sure what his deal is

The second thing is this: the FDIC will not be allowed to fail for obvious political reasons. They can't middle America would be wiped out and Geithner will be walking the plank...BUT all of this Fed and Treasury money infusion is turning the dollar into crapola. The world is starting to look for different kinds of payment to preserve value. I've seen a contract recently where the non- US party wanted payment in something other than US Dollars. Too risky, given the relentless increase in money supply. When the music stops and everyone scrambles for the chairs, there won't be enough chairs. The smart money is getting out now. Before the music stops...

If the FDIC fails, every bank in the US will fail due to immediate bank runs. the implications are far beyond just political.

Seeing people actually avoid the dollar is a Bad Sign! The Fed has done a good job keeping people guessing as far as inflation/deflation, but the data doesnt lie.