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CDS Industry: Zero Sum Game or Ponzi Scheme?

When the author asks a question like "where does the missing 500 billion come from?" he clearly reveals that he simply doesn't understand what zeroe sum game actually means.

I wonder what is source of the statisitc quoted "A vast majority elect to double down", my hunch is his feversih imagination.

Bottm line, this article article' conclusion (CDS is not a zero sum game: it is a negative vortex of speculative activity – a huge Ponzi scheme,) is sheer unadulterated rubbish. What pure nonsense!

Don't be scammed by the pretzel logic of articles like this!

Raser Technologies: All Talk, No Profits

Hmmm you might want to take a look at the Power Purchase Agreement they signed today with the city of Anaheim. Also if you go to the company's website and read the resumes of the executive team you might think differently. IMHO this company is for real. You should look at more than just their 10-k.