Village Green Shopping Centre | Vernon's Premier Shopping Destination
Choice Made Simple!
Too many options?Click below to purchase an online gift card that can be used at participating retailers in Village Green Shopping Centre and continue your shopping IN CENTRE!Purchase Here
Coles Betting on Collapse: The Shadow Market of Sovereign Credit Default Swaps: Derivatives, Hedge Funds, and the Highly Speculative Insurance Against Modern National Bankruptcy at Village Green Shopping Centre in Vernon, BC
Betting on Collapse: The Shadow Market of Sovereign Credit Default Swaps: Derivatives, Hedge Funds, and the Highly Speculative Insurance Against Modern National Bankruptcy
Betting on Collapse: The Shadow Market of Sovereign Credit Default Swaps: Derivatives, Hedge Funds, and the Highly Speculative Insurance Against Modern National Bankruptcy in Vernon, BC
Betting on Collapse: The Shadow Market of Sovereign Credit Default Swaps: Derivatives, Hedge Funds, and the Highly Speculative Insurance Against Modern National Bankruptcy in Vernon, BC
*Product information may vary - to confirm product availability, pricing, shipping and return information please contact Coles
You can buy insurance for your car or your house, but in the ruthless, multi-trillion-dollar shadow economy of global finance, you can also buy insurance against the catastrophic collapse of an entire sovereign nation. This high-stakes derivative is known as a Sovereign Credit Default Swap (CDS). If a country like Greece, Argentina, or Russia defaults on its national debt, a Sovereign CDS pays out billions to the holder. The terrifying reality is that you do not even need to own the country's bonds to buy the insurance. This allows aggressive hedge funds and vulture investors to actively place massive, leveraged bets on the economic destruction of millions of citizens, heavily incentivizing them to mathematically accelerate a nation's financial ruin. This book breaks down the obscure, deeply unregulated architecture of sovereign derivatives. We explore the opaque clearinghouses, the political extortion tactics of vulture funds, and how these invisible contracts nearly detonated the entire Eurozone during the 2010 debt crisis. Peer into the darkest casino on Earth. Understand how Wall Street engineered a highly lucrative mechanism to profit directly from national despair.
You can buy insurance for your car or your house, but in the ruthless, multi-trillion-dollar shadow economy of global finance, you can also buy insurance against the catastrophic collapse of an entire sovereign nation. This high-stakes derivative is known as a Sovereign Credit Default Swap (CDS). If a country like Greece, Argentina, or Russia defaults on its national debt, a Sovereign CDS pays out billions to the holder. The terrifying reality is that you do not even need to own the country's bonds to buy the insurance. This allows aggressive hedge funds and vulture investors to actively place massive, leveraged bets on the economic destruction of millions of citizens, heavily incentivizing them to mathematically accelerate a nation's financial ruin. This book breaks down the obscure, deeply unregulated architecture of sovereign derivatives. We explore the opaque clearinghouses, the political extortion tactics of vulture funds, and how these invisible contracts nearly detonated the entire Eurozone during the 2010 debt crisis. Peer into the darkest casino on Earth. Understand how Wall Street engineered a highly lucrative mechanism to profit directly from national despair.
Find everything in-store including new, used and children’s books, music, movies, games and toys. Visit Coles today to find the perfect gift, or a novel for yourself. COVID-19 UPDATE: Open | Regular Centre Hours
