Waiting for the Other Shoe to Drop?

Eroding confidence stings bank shares
By Carter Dougherty

Monday, March 17, 2008
FRANKFURT:
Volatile markets and worried policy makers on Monday offered clear evidence that the months-long financial crisis linked to the U.S. mortgage market has turned into an acute crisis of confidence in the global banking system.
Stunned over the weekend by the emergency [...]

Hey Buddy, can you spare a Euro?

Read this tonight online -
The darker side of devaluation…
In a similar story I read this week - vendors in New York are accepting Euros instead of dollars from tourists.
I never thought I’d see the day where the dollar is so poorly regarded - its no longer hoarded.
Reuters
Dollars tough to sell on streets of Amsterdam
Monday March [...]