Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site decwrl.UUCP Path: utzoo!watmath!clyde!bonnie!akgua!whuxlm!harpo!decvax!decwrl!dec-rhea!dec-brahms!koch From: koch@brahms.DEC (Kevin Koch LTN1-2/B17 DTN229-6274) Newsgroups: net.invest Subject: Questions about implications of World Banking Crisis Message-ID: <2969@decwrl.UUCP> Date: Mon, 1-Jul-85 09:02:51 EDT Article-I.D.: decwrl.2969 Posted: Mon Jul 1 09:02:51 1985 Date-Received: Fri, 5-Jul-85 03:06:01 EDT Sender: daemon@decwrl.UUCP Organization: DEC Engineering Network Lines: 18 I found reading about how a banking collapse would work and how and why the government would react very informative. For those who contributed to that, I have a couple of questions ... How will the pile of debt outstanding to Latin America that will never be paid off affect the banking system? Where is the best place to have your money in the midst of a WBC? Currently I have most of my money in long term municipal bonds, which pay double the rate of treasuries, when you consider tax effects. Would munis continue to be safe, or would the only sure protection come from treasury obligations? If minuis are paying twice as much as Tbills, somehow that must indicate greater risk. --------------------------------------------------------------------------- Kevin Koch (Koch is it!) ...decwrl!dec-rhea!dec-handel!koch koch%handel.dec@decwrl.arpa