CDS in China is a horrible idea. There might only be a handful of people knows how to price recovery. Will become a speculative machine and could be a dark hole for the dealers and investors. Someone should do a piece on this. @今日话题
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CDS in China is a horrible idea. There might only be a handful of people knows how to price recovery. Will become a speculative machine and could be a dark hole for the dealers and investors. Someone should do a piece on this. @今日话题
我的观点是：贪吃蛇最终会死，但人为何还要玩这个游戏？ 因为贪吃蛇要解决的不是生死问题，而是能活多长的问题。 那么CDS是不是最后的一颗豆子呢？不知道，但应该不会像熔断机制一样，瞬间崩掉。