If we were able to survive without CDS’ before 2000, why can’t we now? It’s not like going without a microwave or without a TV. Most of us don’t have CDS’s living in our backyard that we have to feed or anything.
If they were created out of nothing, I’m okay with them going back to where they came from.
You don’t understand what you’re talking about. They are legally enforceable contracts. If you had a contract with someone to pay you money if something happened and you were paying them ahead of time for that benefit, you’d be pissed to have it invalidated.