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To: Alex who wrote (30653)3/25/1999 4:49:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 116770
 
"Treasury Secretary Rubin discusses some of the "flash points" that could have taken the
world over the edge. He was on vacation, he recalls, and spent much of it on the phone
jawboning bankers into rolling over their loans in Korea. "What's happened in the global
financial markets...has brought tremendous benefit to economies around the world,
clearly to our own economy. But... it's all become tied together in the sense that
investors in Russia are also investors all over the world..." says Rubin, noting that when
there is trouble in one country's economy it spills over into other countries. "The
American economy has become a part... of a global economy. And I think that's been
very much to our benefit... in terms of job growth and standard of living. However, it
also carries with it risks."
what am I missing in SE Asia,Indonesia,Brazil etc and the 41 million
americans without health insurance and the highest number of people in prisons