At 8:10 AM -0700 on 5/14/02, [EMAIL PROTECTED] wrote:

> How could this possibly be true? :ast I checked, GDP for the US
> was about 10 trillion bucks a year,  the combined GDP of
> every nation on earth per year can't be more than 100 trillion,
> most of which doesn't involve anything crosiing a border,
> so how can there possibly be trillions of dollars worth of
> foreign exchange a day?


You're confusing assets with transactions.

Cheers,
RAH


-- 
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R. A. Hettinga <mailto: [EMAIL PROTECTED]>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
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"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'

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