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/biz/ - Business & Finance

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54887821 No.54887821 [Reply] [Original]

cost of insuring against a US default keeps hitting all-time highs
what the fuck is happening?

>> No.54887831

>>54887821
Nothing.
Nothing is happening.
Nothing ever happens.

>> No.54887832

Biden has dementia

>> No.54887848

>>54887831
But every time debt ceiling was under question, like in 2018, the bumps were rather small. It is literally off the charts right now

>> No.54887858

>>54887821
Greece 2013
US is to big to bail
Likely 9:30 pm EST Fiat iou hodl mode start
Buy btc, get it off the cex asap or you will double hodl mode

>> No.54887882

>>54887821
You won't do shit white boy

>> No.54887893
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54887893

>>54887821
how do i buy this chart?

>> No.54887920
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54887920

>>54887831
>Nothing ever happens.
that meme needs to be accompanied by a bored cat for the full effect - Memetics is a science

>> No.54887977

>>54887831

Two more weeks.
Two more months
Two more years.
Two more decades.

>> No.54888024
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54888024

>>54887831
>says increasingly nervous man

>> No.54888036

black lives matters happened
millions were murdered

>> No.54888490

It's basically a game of chicken. Nothing will happen. We'll get a month of headlines claiming republicans are refusing to compromise and we're about to go into an economic collapse. A few days before default Dems will offer one concession and Republicans will cuck out and accept raising the cieling while republicans will claim they won. NOTHING WILL HAPPEN.

>> No.54888519
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54888519

>>54888490
want to bet on it?

>> No.54888522

>>54888036
True, not nearly enough blacks were murdered.

>> No.54888623

>>54888490
>nothing will happen
basically confirmation for "this time its different"
the Rs will beg for a chance to cuck, but briben's handlers know the media will blame anyone but the admin.
they wont let 81m votes sign anything.
its already baked in us gub gonna technical default.
we shall see what remedies will be implemented.

>> No.54888707

Cost of insuring what, exactly?

>> No.54888733

>>54888519
Republicans are retarded but not THAT retarded. We're going into an election year and they don't want to get blamed for economic collapse when it looks like the Dems will cause it all on their own LOL.

>> No.54888793

>>54888707
Treasury bonds.

>> No.54888906

>>54888490
>We'll get a month
the treasury is on track to run out of $ before the end of the month, though

>> No.54888965

>>54887831
Nothing ever happens but something eventually happens. It's just that the something that eventually happens tends not to be the happening that we thought would happen.

>> No.54890339

>>54887821
The US CDS market is more a meme than anything else. I mean, how exactly does anyone expect to get paid out in case the US defaults? Maybe in Euros, but Euros are tied to the dollar. It's more of a meme-graph because major banks just buy a bit of CDS so that they can say they're "hedged", and their relatively small buy pressure is enough to drive the CDS price to the moon.
I think it's said here somewhere: https://www.youtube.com/watch?v=yumXj0w2m2A