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this post is fantastic essay award No one knows exactly how high CDS rates would go if we pierced the debt ceiling, but its a reasonable assumption that they would go higher than they are now, even if (as is almost certain) they never pay out a penny. The US CDS market is a speculative, greater-fool market: the trick is to buy at a low level, and then sell at a higher level. A bit like bitcoins, really. If you think that the debt ceiling is going to be hit, then it makes sense to buy CDS today, just because spreads are going up rather than down. The only trick then will be trying to time the perfect moment to sell.
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organizational method for definition essay "Usually in these cases there is unlikely to be a risk to public health, and once the work is successfully completed staff and pupils should be able to attend school as normal," said a spokesperson for Public Health Wales.

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