Sure a Credit Default Swap is an insurance that an investor takes out to cover his losses when he bets that his investment is going up in value or down in value. A CDO is a Collartized Debt Obligation. It just means that a bunch of mortgages have been bundled together and sold as a bond. A bond is debt where the holder of the bond is loaning the money to another investment entity. Thanks for watching my stuff.
Yes, this is why countries like Greece, Iceland, Italy, and more are going down the tubes financialy. Thanks for viewing my video. Please pass it on so other people can understand the root cause of this.
Sure a Credit Default Swap is an insurance that an investor takes out to cover his losses when he bets that his investment is going up in value or down in value. A CDO is a Collartized Debt Obligation. It just means that a bunch of mortgages have been bundled together and sold as a bond. A bond is debt where the holder of the bond is loaning the money to another investment entity. Thanks for watching my stuff.
704811535 2 months ago
thanks for the vidoe. can you just summarize in simplest term what a credit default swap is and can you explain what cdo's are thanks
dreamtiger347 2 months ago
So this is what they mean by gobalization.
Tampa0123456789 5 months ago
@Tampa0123456789
Yes, this is why countries like Greece, Iceland, Italy, and more are going down the tubes financialy. Thanks for viewing my video. Please pass it on so other people can understand the root cause of this.
704811535 5 months ago