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To: Henry Volquardsen who wrote (13845)6/27/1998 8:10:00 AM
From: Gabriela Neri  Read Replies (1) | Respond to of 116770
 
This is true. But, when the banks are in so big that the banking system failure brings down the worlds second largest economy then Europe and the States have a problem, which means that you and I have a problem. Its orders of magnitude such that an entire banking system failure brings down a major industrialized country and the subsequent domino effect. This domino effect is the price the world economic system pays for it being a globalized system. Its the other side of the trade, the losing side(it will be like that when the stock market here declines substantially-the other side of the "new paradigm"(aka-utter, worthless, meant to deceive, bullshit) Now, the big question is, how much is already priced into the currency and commodity markets? All, some, or little?.