The Collapse Of The Global Marketplace Would

Investors Operate With Limited Funds And Intelligence, They Do Not Need To Know Everything. As Long As They Understand Something Better Than Others, They Have An Edge.

In The Case Of A Meltdown, The Regulatory Authorities May Find Themselves Obliged To Step In To Preserve The Integrity Of The System. It Is In That Light That The Authorities Have Both A Right And An Obligation To Supervise And Regulate Derivative Instruments.

We Are The Most Powerful Nation On Earth. No External Power, No Terrorist Organization Can Defeat Us. But We Can Defeat Ourselves By Getting Caught In A Quagmire.

I Am For Maximum Supervision And Minimum Regulation.

There Is No Question That A Breakup Of The Euro Would Be Very Damaging, Very Costly, Both Financially And Politically. And The Biggest Loss Would Be Incurred By Germany. Germans Have To Bear In Mind That, Effectively, They Have Suffered Practically No Losses So Far. Transfers Have All Been In The Form Of Loans, And It Is Only When The Loans Are Not Repaid That Real Losses Will Be Incurred.