Welcome back to another episode of Two Minute Tuesday! Today I’m telling you everything you need to know about the infamous Credit Default Swap (CDS) which was heavily used and played a major role in the global financial crisis of 2007/2008. Through this video I hope to provide a high level understanding and insight into credit default swaps and their role in the world of finance and banking. Whether you’re a student, graduate, professional or anyone else, I hope these videos are informative and easy to understand. Do consider subscribing to the channel if you haven’t already, leave a like and a comment and let me know what which finance term, idea or concept you’d like me to explain in plain English in my next Two Minute Tuesday. Thanks!

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#CreditDefaultSwap #CDS #Explainer