Why Greek PSI deal is a credit event

Zero Hedge comes up with amazing analysis and prediction most of the time. Here is another flow diagram from them showing CDS triggers as the only possible outcome with the current Greek PSI deal.

Greek PSI

As seen from the diagram, there is high probability CDS triggers (of the sort highlighted in red circle). Even if that isn’t the case and something else happens, CDS triggers are sure to happen.

Hitesh Anand

I am a post graduate from Newcastle University, UK. I like studying and analyzing economic data and financial health of world.

You may also like...

Grab this FREE Forex Trading eBook
and much more..
We respect your privacy.
%d bloggers like this: