Financial crisis arrives or not?

It feels like a strange, way too peacefull vacuum. I am opening Egyptian newspapers, who are praising pages long, that Egypt's banks are completely secured against any risk of bankruptcy, that the strong decline in the stock market will not have any influence on the economy, as it represens such a small share of the financial market and that the great laws and reforms in the recent past made Egypt resilient against global influences.

Then afterwards, I am opening an international newspaper, and read about the bankruptcy of Iceland, about the threat of bankruptcy of so many banks in Europe, and crash after crash of the Japanese stock market, which necessarily will lead the country into recession. Some are even starting to compare the crisis with 1923 and that 16 years later we had a full fledged war going on...

So as a consequence I, as the end user, became suspicious and converted my money into Euro and took it out of the bank... exagerated decision? Lets see. But at least I can hold the money in my hands and dont just look at its digital form on my PC screen. Gives a re-assuring feeling after watching this viedo: http://www.eco-tube.com/v/KNOW/Money_Is_Debt.aspx

Now, only inflation, a natural disaster or humanity can destroy my life security....