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I would prefer if I could identify actors who stand to gain from the Euro crisis itself, rather than CDS side-bets, and who might therefore wish to influence outcomes. But I haven't identified anyone yet : it looks like a lose-lose-lose situation, a seriously negative-sum game.
In terms of money? Certainly.
In terms of goods and resources? Absolutely.
In terms of power? No. Power over others is a zero-sum game.
But of course this is a case where reality is unrealistic. It is hard to make a character in a book motivated by power over other people without having him become a caricature sociopath.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
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