Re: Greece: the next Argentina?
What? We know what the “typical” amount is for a CDS to signal an imminent default?
I would have thought that without a single sovereign default in the period during in which CDS use was prevalent would have prevented us from knowing what the ‘typical’ level was, but that’s just my science background rearing up and making things difficult for my brain.
Glad the journalists are able to circumvent such trickiness.