If the US defaults, people will still want soup
From the Economist a couple of CDS spreads:
Campbells Soup 17 basis points
United States of America 19.8 basis points
(And Morgan Stanley is over 2000, if you can get it.)
Campbells Soup 17 basis points
United States of America 19.8 basis points
(And Morgan Stanley is over 2000, if you can get it.)
Labels: CDS
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