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Re:So long, euro? by jrockway on Monday May 03, 2010 @03:20PM (#1315783)
Your broker just buys a CDS on you, and then when you default, they get their money and whatever stock you bought. And since most people don't default, the bank that issued the CDS makes money too.

Playing numbers games helps everyone grow their capital. You just have to do it intelligently.

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