global high finance.
Much of global finance is now non-productive.
It's essentially gambling. Derivatives, CDSs, CDOs, naked shorts
Well, I've heard that CDS don't pay, if you're the wrong person.
They're made for bankers to win, while we lose.
Anyway, whether Greek politicians have any CDS on Greece's default,
(because that's what the rumours say), or not,
CDS cannot pay off if the world economy is in the shitter, post-crash.
If everybody is asking everybody else for a dime,
you're not gonna get your dime.
So, if Greece is first to default,
then it's likely gonna get its CDSs to pay off.
CHING-CHING
you're not gonna get your dime.
So, if Greece is first to default,
then it's likely gonna get its CDSs to pay off.
CHING-CHING