$1bn trade bet on a US default [Archive] - The Project Avalon Community Forum

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Muzz

26th July 2011, 23:09

Forget rumours, a $1bn trade bet on a US default August 2 screams financial crisis
26Jul11

link (http://mediajackhammer.wordpress.com/2011/07/26/forget-rumours-a-1bn-trade-bet-on-a-us-default-august-2-screams-financial-crisis/)

link 2 (http://etfdailynews.com/2011/07/25/investors-the-1-billion-armageddon-trade-placed-against-the-united-states/)

HORIZONS

26th July 2011, 23:30

I suspect it could be a ploy to help create fear and panic, and put more pressure on Gov't officials for a solution - which is what it will do regardless of who/what did this.