And there are good reasons to suppose that emerging stockmarkets will startto look decidedly attractive againto those that have fled, if only because almost everything else looks so pug ugly.
So were the Americans, lest Mr Netanyahu, constrained by his hardliners, struck a deal onlyto drag his feet for 90 days and then let building startagain.
We also are going to have to make sure that we set up financial regulations so that not only does this never happen again, but you start having some sort of trust in how the credit markets work again.