From Reuters: Answers to the biggest 7 'what if' of debt default.
Human nature, it never changes. We saw is in 2007-08 global financial crisis. Back then it was the human greed of Wall St fat cat investment bankers and all the bonus chasing baners around the world, chasing yield, being creative and cheating the system. Now we see the politicians in Washington succumbing to reversion to being children again.... BUT if there is a CRASH in the Dow..... here lies OPPORTUNITY for the nimble trader.
posted by emacro @ 4:20 PM
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