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To: Jeff Jordan who wrote (405548)	5/24/2010 8:01:28 AM
From: Real Man	Respond to of 436258

Official name is a currency crisis, as if the chart of the Euro and the dollar does not show exactly that, and as if the Eurozone is too tiny to blow up. The equity markets should not notice, just a normal bull market trip to 200MA. Keep buying. -g-

To: Jeff Jordan who wrote (405548)	5/24/2010 8:35:41 AM
From: Real Man	Read Replies (1) \| Respond to of 436258

The Euro currency accounts for more than 1/2 of the global OTC and exchange traded derivatives market. The risk free rate (government bond yield curve) enters valuation calculation for all derivative products. It is the base of derivative pyramid. Cheer up, here is the table. 300 Trillion is peanut butter. Spread that on a morning sandwitch, nothing to fear. After all, it's all notional, not real, and banks tell us the risk is contained and well measured by VAR. -g- bis.org