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Kelvin Mace

(17,469 posts)

13. Agreed

Reply to A HERETIC I AM (Reply #9)

Wed Oct 16, 2013, 08:26 AM

Oct 2013

But in the long run it is a bet using a dangerous "financial instrument" that the the U.S. will default. The potential for exacerbating a financial disaster is in the works since the CDS sellers can' t make good on the transaction and the government won't be around to bail them out this time.

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Insider Trading? Could *someone* bet on a stock market fall? [View all] Junkdrawer Oct 2013 OP

Sure TomClash Oct 2013 #1

Check out my updated OP Junkdrawer Oct 2013 #3

Yes. My older brother used to invest on failure. onehandle Oct 2013 #2

Savvy! blkmusclmachine Oct 2013 #4

The lack of transparency is appalling. However, BlueStreak Oct 2013 #5

Something to keep in mind during this brinkmanship. Junkdrawer Oct 2013 #10

Yep Kelvin Mace Oct 2013 #6

Not the same thing. A HERETIC I AM Oct 2013 #9

Agreed Kelvin Mace Oct 2013 #13

Yep Sgent Oct 2013 #7

If one definition of insanity...... DeSwiss Oct 2013 #8

That's probably why they're doing what they're doing. It's all B Calm Oct 2013 #11

and others might want the US to pay higher interest rates Motown_Johnny Oct 2013 #12