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andy
9/15/2008 11:02:31 am
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9/16/2008 03:31:54 am
Do not confuse banka that take deposite from customers and non-repopsitory banks/ investment houses. Customers are protected by federal insurance. This is as a direcy result of the Great Depression, when depositors bore the brunt of the disaster.Also in the Roaring 20's, there was one dominant economic power...the USA, ...GB was depleted, France was drained and Italy, Germany and Japan were in ruins. Today , there are many strong economic blocs, able and willing to step in and provide relief......Asia, Europe and even Russia and the Middle East are able to absorb any shocks, when they act in concert, as they are doing.
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Melissa
9/17/2008 06:35:36 am
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Melissa
9/17/2008 06:39:07 am
Ishwar,
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9/18/2008 12:23:43 am
The Canal which was built by a French/ British consortium, reduced the time and thus expense to get to India/ Asia. This was essential for trade and the economy of Britain and France.
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Melissa Dimitriadis
9/20/2008 12:41:12 pm
Thank you for that clarification, much easier to understand.
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![]() "Ecce Homo" ("Behold the Man"), Antonio Ciseri's depiction of Pontius Pilate presenting a scourged Jesus to the people of Jerusalem. ![]() figure 1-a ![]() (Fig 2a) The Death of Innocents Author Ishwar R. Prashad recently retired from over 47 years of teaching. Archives
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