Imagine owning a CDS for US default and the payout is in Euros π³π³π³π³π³π³β¦
ππππ€£π€£ππ€£π€£π€£ππππ€£!
What π€‘s!
Is that really a thing?π
Could you imagine ISDA ever okβing an βofficial default eventβ for the πΊπΈ ?
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