After hearing about China and India dropping the dollar from their trading, I got to thinking, "What does that mean for the stability of my money in the bank?" Then I realized that for now, all that will happen is that the dollar will be losing more value faster. Then I wonder, "How much faster? Then I am wondering, just "what will trigger a run on the banks and will we folks who stay joined at the hip to our doomer forums, like this one, know to run and get our money out before everyone else or, will the banks just quietly and secretivly close for a 'bank holiday' with no warning to the semi insiders like us?"
I put some money in there recently to pay for a large ticket item with a check. I'd rather pay by check but am nervous about having the cash sitting in such a vulnerable spot. If I pay by cash, I feel like I won't have as good a receipt.