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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Slumdog who wrote (27722)3/27/2010 11:08:30 PM
From: Larry S.  Read Replies (1) | Respond to of 71477
 
Thank you. I considered the idea that the bonds have "the debts of the unemployed alcoholics as collateral" to make them equivalent to derivatives but I can't disagree with you. However, while swaps are technically derivatives, to me, they are really insurance policies. I'm probably a little thick this evening, but I don't see them in the same category as Call or Put options.

Perhaps I need a little more education.

Larry


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