Thank you for this update. I amazed that anybody I talk to about this has no clue whatsoever. I also mention about the Moody's downgrade of the Major banks, they look like deer in the headlights.
Some of these people are apparently highly educated yet when pressed admit they are all in on paper assets. If things do cascade into a domino effect things we are going to be in massive trouble.
My biggest fear is that the masses turn to the government and beg to have their rights taken away for bread and water.