I tend to look at everything in terms of probabilities. So, you could ask the question, what's the probability that we would have a general collapse in the financial sector? If you asked me a year ago, I would have said that probability is as close to zero as you can get. If you'd asked me six months ago, I would have said .01 %, again very very small. Now, in my view, that probability has increased, so now, it's still not high. Is it 1%, is it 2%? That we're even having this discussion suggests it's not a trivial probability anymore, but Paulson will give you the perspective, well, you know, if this next domino goes, the whole castle comes down.
keyboard shortcuts: V vote up article J next comment K previous comment