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To: tcrlaf
"Deutchebank is holding over 57 TRILLION dollars in Credit Default Swaps related to Greek Debts"

If there is sufficient liquidity those swaps will balance out over the medium term, excepting the original losses.

But I don't think the ECB could muster the 6-8 trillion to maintain that liquidity...and so far, nobody know how to suck it back up either.

Including the Fed.

63 posted on 06/28/2015 11:34:48 AM PDT by Mariner (War Criminal #18 - Be The Leaderless Resistance)
[ Post Reply | Private Reply | To 59 | View Replies ]


To: Mariner

This one will move FAST.


66 posted on 06/28/2015 11:37:23 AM PDT by Mariner (War Criminal #18 - Be The Leaderless Resistance)
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