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JakeS:
what it has to do with macroeconomics

I think since it is a market where central and big banks play it is important to keep an eye on it. Like CDOs, it is not important in itself but if it gets out of hand you get banks losses, losses transfered to public debt, austerity, etc. By keeping an eye on it now, mounting the argument goes faster if/when it goes down the drain. So while not a gambler I appreciate ARGeezer's reporting.

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by A swedish kind of death on Wed Apr 27th, 2011 at 03:34:13 AM EST
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