Half-Billion $ Pandemic Derivatives (armstrongeconomics.com)
submitted 5.2 years ago by ellanana
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allahead 5.2 years ago
Summary, the W.H.O. sold hundreds of millions in bonds that will not pay out if there is a pandemic. They somehow managed 7% returns up until now, which, in this economy, screams ponzi scheme. Who even dreams this stuff up? No pun intended.
Rockfish1000 5.2 years ago
I don't know. (((Who))) could it be?
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allahead ago
Summary, the W.H.O. sold hundreds of millions in bonds that will not pay out if there is a pandemic. They somehow managed 7% returns up until now, which, in this economy, screams ponzi scheme. Who even dreams this stuff up? No pun intended.
Rockfish1000 ago
I don't know. (((Who))) could it be?