Can You Profit by the Implied Default Probability of the United States?

You can buy credit default soi protection against the default of countries. But when you buy that protection, it's like buying protection on leman brothers. Effectively, you're buying default insurance on the united states at fair value and getting all the ther countries in the world for free. Qwere: Is there, in your opinion, a different way to take a short position against fia currencies? Gragg: I always enjoy the the excitement and and passion you bring to all these conversations. And then everything you say is, as always, incredibly astute and a and, well put, i care, right?