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WHY ARE WE BULLISH? Greg Foss, Rob Simone, Joe Hall ep291

BTC Sessions

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Doter Bank and Credit Swees First Boston

Global debt is down ten % on a mark to market basis, that's forty trillion dollars of global wealth. People are going o need to find assets that insure against other assets losing their value. Credit default swap markets on sovereigns right now are sickly. They are widening in lock step with every, you know, increased fear in the market. Think credit swiss first boston. If deucer bank goes down, germany is focked. And together, 12 billion plus 18 billion is 30 billion. What was the luna terra market cap? That's a joke.

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