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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (7188)5/12/2008 9:31:12 AM
From: carranza2  Read Replies (1) of 71456
 
There is enough risk in the system without even thinking about CDS counterparty failures.

I think that CDS counterparty failure is so huge, so transcendent, that it will be nullified somehow by fiat. Legally difficult, I know, but doable if things get too dire.

Take CDS risk out and we are left with the cold, hard numbers Martenson discusses, which are dire enough.
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