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Recalling that this time around we have default swap bets against loan defaults, here's a video from a distressed debt investor discussing default rates.
He figures it'll up to 4.6% if the economy is fine, and maybe as high as 12% in a deep recession.
4.6% of $45 trillion default swaps = $2 trillion of vulnerable default swaps.
Recalling that this time around we have default swap bets against loan defaults, here's a video from a distressed debt investor discussing default rates.
He figures it'll up to 4.6% if the economy is fine, and maybe as high as 12% in a deep recession.
4.6% of $45 trillion default swaps = $2 trillion of vulnerable default swaps.
Video - distressed corporate debt
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