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Sarkozy is just seeking more power for the Euro and more say in U.S. financial matters. They need to develop a system like a modern day network or power grid. It should be capable of being isolated until stability can be restored. Risk is part of the world, trying to discourage risk taking is ridiculous. They need a better way of managing risk and any kind of derivatives should be viewed as non-linear and exponential. Non linear equations have short foresight horizons and risk should be evaluated at the limit of those foresight horizons. Anything past that and you will not get insured.
Yes, you are a con, Mr Sox
Its the US that wants power over the whole world so you can keep pillaging it with your ever increasing $ 50 000 000 000 000 debt.
You say you should not discourage risk, just manage it better. Oxymoron.
Why isn't the new left-wing illuminati administration attending? They have been making decisions already, they might as well go.
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