Wednesday, January 4, 2012
The Return of The Credit Default Swaps
discussed here in this article. If these things happen, investors will seek to make claims on the CDS for institutions that are holding toxic assets. If there is a major "run" on these financial entities issuing these swaps, what methods will be used to bail them out? For the folks in the US, there should be concerns regarding the risk exposure to this potential meltdown. In this article, it discusses the details of how this along with other issues make it a challenge for Euro central planners. Concomitantly as it relates to the Euro and other monetary issues, Gold prices continue to reach for record highs.