Yahoo Finance - HERE IS THE LAST PART OF THE ARTICLE, READ IT CLOSELY - "the U.S. is facing a 'crisis of confidence' among global investors and recommends credit default swaps on U.S. Treasuries."
Ortel made a similar recommendation to clients back in August 2008. The price of those instruments rose in value during the second half of 2008 and early 2009, then declined as the crisis abated. But sovereign CDS have risen again in value in the wake of debt crises in Dubai and Greece, and Citigroup notes U.S. swap spreads have widened at the second-fastest rate since Jan. 1, trailing only the euro zone.
THIS MEANS THAT THE WORLD SEES THE LIKELIHOOD OF US DEFAULTING ON DEBT, AS MEASURED BY CDS SPREADS, IS INCREASING FASTER THAN ANYWHERE IN THE WORLD OTHER THAN THE EUROZONE - REALLY? THE WORLD IS GETTING MORE AND MORE NERVOUS...HMMMM
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