One of the main culprits behind the economic collapse of 2008 was the combined speculation into what are called Collateralized Debt Obligations (CDOs) and the use of Credit Default Swaps (CDSs) to reduce the risk of investment for those buying CDOs. Roughly, here’s what went on. CDOs are really a form of gambling. When a More
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This content originally appeared on CounterPunch.org and was authored by Edgar Kaskla.
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Edgar Kaskla | Radio Free (2022-05-23T00:16:27+00:00) » The Risks of Where we are Today. Retrieved from https://www.radiofree.org/2021/07/23/the-risks-of-where-we-are-today/.
MLA" » The Risks of Where we are Today." Edgar Kaskla | Radio Free - Friday July 23, 2021, https://www.radiofree.org/2021/07/23/the-risks-of-where-we-are-today/
HARVARDEdgar Kaskla | Radio Free Friday July 23, 2021 » The Risks of Where we are Today., viewed 2022-05-23T00:16:27+00:00,<https://www.radiofree.org/2021/07/23/the-risks-of-where-we-are-today/>
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CHICAGO" » The Risks of Where we are Today." Edgar Kaskla | Radio Free - Accessed 2022-05-23T00:16:27+00:00. https://www.radiofree.org/2021/07/23/the-risks-of-where-we-are-today/
IEEE" » The Risks of Where we are Today." Edgar Kaskla | Radio Free [Online]. Available: https://www.radiofree.org/2021/07/23/the-risks-of-where-we-are-today/. [Accessed: 2022-05-23T00:16:27+00:00]
rf:citation » The Risks of Where we are Today | Edgar Kaskla | Radio Free | https://www.radiofree.org/2021/07/23/the-risks-of-where-we-are-today/ | 2022-05-23T00:16:27+00:00
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