Why Wall St. Needed Credit Default Swaps [View article]
If you blew 3 trillion on the war, you might as well throw another trillion to fix cds problem. Then throw another trillion to rescue fannie freddie. If the dollar does not collapse then the stock market will make new highs. However, if the world loses faith then it's over the dollar and the US.
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If you blew 3 trillion on the war, you might as well throw another trillion to fix cds problem. Then throw another trillion to rescue fannie freddie. If the dollar does not collapse then the stock market will make new highs. However, if the world loses faith then it's over the dollar and the US.
Apr 22 10:19 am
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