To: tcrlaf
Talk about laying down the hammer.
2 posted on
02/04/2015 1:23:38 PM PST by
C19fan
To: C19fan
Credit Default Swaps in 3... 2... 1...
OH WAIT....
Just like in 2008, the Central bankers will determine this isn’t a “Trigger Event”, and that contract and money you paid for the Default Insurance just doesn’t exist anymore.
3 posted on
02/04/2015 1:27:12 PM PST by
tcrlaf
(They told me it could never happen in America. And then it did....)
To: C19fan
"...since Greek banks are now unable to pledge Greek bonds as collateral and fund themselves, and liquidity is about to evaporate,..."
Debt as collateral. Default upon default. Amazing!
9 posted on
02/04/2015 2:01:28 PM PST by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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