11-Jan-12 World View -- Scotland may declare independence

[John]

11-Jan-12 World View -- Scotland may declare independence from the UK in 2014


Assad gives fiery speech promising to continue violence in Syria

** 11-Jan-12 World View -- Scotland may declare independence from the UK in 2014
** http://www.generationaldynamics.com/cgi ... 11#e120111



Contents:
Assad gives fiery speech promising to continue violence in Syria
Israel prepares to absorb refugees from Syria
Details of Greece debt 'haircut' are being worked out
Fitch Ratings Service: Greece bailout 'doesn't seem to be working'
Scotland may declare independence from the UK in 2014


Keys:
Generational Dynamics, Syria, Bashar al-Assad, Arab League,
Greece, haircut, Collective Action Clause, Kick the Can Principle,
Fitch Ratings Service, Scotland, Battle of Bannockburn,
Alex Salmond, Scottish Nationalist Party, SNP,
War of the Spanish Succession, David Cameron,
Israel, Syria

[isaachandler]

If they allow the bond investors to get fleeced yet declare it a non default won't that render all CDS against sovern debt to be worthless since there would then be no scenerio in which the insured could collect?