Exactly right cashman. Another thing to consider is in an article from the
Washington Post about a recent survey by the International Monetary Fund.
"The IMF's latest Global Financial Stability Report was released Tuesday morning ahead of meetings this week between the fund and the finance ministers of the G-20 group of economically important countries," the story says.

One of the really interesting parts of the survey to me:

"The report said that in many ways the financial system had stabilized, and that some aspects of the recent crisis had proved less severe than initially thought. The agency's estimate of how much banks will have to write off in bad loans, for example, was reduced by $500 billion, to $2.3 trillion.

"But fund officials said government officials needed to act quickly on two fronts: agreeing on new regulations for banks and financial firms, particularly those so large and influential their failure could harm the broader economy, and deciding on the spending cuts, tax increases or other measures needed to curb deficits.

"The window of opportunity for real reform . . . is rapidly closing," as improvements in the economy relieve the pressure for change, the IMF said.

http://www.washingtonpost.com/wp-dyn...l?hpid=topnews