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That us a fantastic point. When real problems occur they will be measured in the billions not a couple million. Clearing houses are expected to handle counter p
by Danieru 8y ago
That us a fantastic point. When real problems occur they will be measured in the billions not a couple million. Clearing houses are expected to handle counter party risk but this event makes it clear only bailouts could handle a true crisis.
- deleted 8y ago[deleted]