All eyes are on DEBIT SUISSE, meanwhile almost all banks Credit Default Swaps (CDS) suddenly surpass March 2020.
Compared to the 2008 financial crisis, Credit Suisse has blown WAY past their 2008/2009 CDS peak:
Green line = Now
Red dot = the 2008/2009 peak.Buckle Up 🔥 pic.twitter.com/bTFcNy9W5p
— Wall Street Silver (@WallStreetSilv) October 18, 2022
UK Treasury bailout of BANK OF ENGLAND
*UK TREASURY TO TRANSFER £11 BILLION TO BOE TO COVER QE LOSSES
oops
— zerohedge (@zerohedge) October 19, 2022
h/t jlee2027
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