EconomyEconomy discussion forum. Discuss the politics and effects of the general economy and global economic collapse here. Please keep all politics out of the Finance and Investment subforum.
Europe, as a whole, is at risk of CDS spread blowouts. It's clear Greece is done and traders are moving on.
Interesting charts in the story. From the article:
Quote:
With a stunning $630 million, $558 million and $370 million in net notional derisking, France, UK and Germany are the top three most active recipients in negative bets in the prior week, not just in sovereigns but in all names.
Merkel is calling again for new, tougher rules to restrain "the speculators".
__________________ * I have the right to live, thus I have the right to defend my life from attackers who would take it from me.
* I have the right to my private property, thus I have the right to defend my property from thieves who would take it from me.
* I have the right to self-determination, thus I have the right to defend my liberty from tyrants who would take it from me.
* The only usable tools for these tasks are guns, and thus I have the right to shoot anyone who would take my guns from me.
CDS Traders Now Gunning For Europe's Core
Linear Mode
