CDS....Things to Watch.

Gonna tease this because it is developing as the 800 pound Gorilla in the near term. Learn what you can about Credit Default Swaps and the tracking thereof. Indicators of sorts.

A Credit Default Swap (or CDS) is an insurance policy against the government not being able to repay the money that it is currently borrowing with such wild abandon. The available graphs will show how the cost of such a policy has been increasing, some might say soaring, of late. That's what the Big Boys are watching and trying to stay ahead of.

Impact.....toying with the old adage that you can't borrow your way to financial security. Be afraid.