Debt Rattle, February 26 2008

Updated 3.30 pmIlargi: Let me try and find the proper diplomatic terms here. Earlier today, we've had an article that questions the safety of money in US bank accounts, and I have said that an increase in frozen credit instruments will inevitably lead to private bank accounts coming under pressure. Now the FDIC, which is alleged to insure bank accounts (but in reality insures banks), turns out