Global heat map of CDS (Credit Default Swap) risk

Via zerohedge.com..

[Editors note:  Countries in the red and orange could become a hotbed for Bitcoin adoption, as these countries scramble to implement last gasp capital controls, bail-ins and cash bans in order to delay the likelihood of state level insolvency and financial collapse.

  • “Sovereign Credit Default Swaps (CDS) are financial contracts that measure the risk of default on sovereign debt: the higher the spread, the greater the risk of default.”

CDS Global risk

Source BofA (Click for larger image)

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