To: Haim R. Branisteanu who wrote (47407 ) 4/20/2000 6:14:00 PM From: No Mo Mo Read Replies (3) | Respond to
OTOTOT several months ago a distressed trader killed several innocent people after arriving to financial ruin, other were ready to sell their kidney's and many other just vanished silently and for sure there were many incidents of suicide or deep depression due to financial losses, but did not make the daily headlines in the TV networks or on CNBC. So on balance we have a net excess of somewhere in the $22 to $26 trillion of HOT AIR or 3 times the US GDP, paid by hard earned money in the US alone. I am not sure how many SI participants had relatives in South East Asia or Indonesia or really grasped the violence and destruction in those countries during the 1997/98 financial crisis, but I do not think that the destruction there were short of a war with many atrocities resulting from financial ruin not even reported in the press and since long forgotten. The repercussion against the Chinese minority in Indonesia due to the financial collapse was not less severe than the recent ethnic war in the Balkans were the responsible are WAR CRIMINALS. Another great example is the collapse of Russian economy as a result of financial excess and corruption, again the Western Society was insulated from the nasty hardship and atrocities in Russia as it is not making great headline that Babushka Ivanova died of hunger or lack of proper nourishment stolen by the local organized crime. Wen a terminally ill cancer patient needs to wait close to an extra hour of nail biting and emotional distress, to receive an answer if his cancer progresses or not, due to the mere fact the doctor is busy placing orders in the financial markets 7000 miles away, during regular working hours it is alarming. In the aftermath of a collapse some even more corrupt villain will come to power and use brute force to sustain it's power then people will have little choice but submit and humanity will blame that scoundrel for all the atrocities and those who brought him to power through their corrupt and selfish conduct. Since ancient time the Mississippi floods it's banks and seasonal storms devastate the South Eastern Coast of the US ....... Nature has it's own ways and no power is about it.
