Santorini, which we visited in the fall of 1998, is one of our favourite Greek islands. Every afternoon, after a day of sightseeing, we went to this beach for fine swimming and sunbathing. But before we swam, we eagerly checked the newspapers to see the latest financial news, particularly concerning Russia and Asia. Our anxiety was caused by fairly steep declines in North American stock markets. Fortunately, predictions of Armageddon did not materialize.
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