looking for the post about cdss and bank cash

  1. 2,717 Posts.
    There was a post early today or yesterday about payouts on Credit Default Swaps being triggered by 7, 8 & 9 defaults and when the 9th one is triggered the US banking sector will be flooded with cash from the CDS payouts ...... can anyone point me to that thread .... others are interested in reading it
 
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