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  • Top Down Trends
    Would there be a market for #euro sovereign debt if CDS did not exist? How can you protect yourself?
    10/27/11
    Reply (2)
    • Tom Guttenberger: Floating currency. If production is different enough in two different regions they should have different, freely traded currencies.
      10/27/11
    • Tom Guttenberger: Then the currencies would adjust so a sovereign default should never happen....just get returned a shit-valued currency...
      10/27/11