Pandemic Derivatives

[helmsdale]

Now that WHO has declared covid-19 a global pandemic...

Someone, so the rumor went, wrote $billions in derivatives in july 2018 betting that wed be pandemic free for 3 years... rumor said it was DB. Anyone got anything solid?

[Austrian Economics]

DB has been in trouble for quite some time, even without Covid19. The Italian banking system is in even worse shape.

[bobofthenorth]

If that's true they deserve the carnage. WHO is a complete joke. I watched that nitwit making the announcement this morning. He said straight up that WHO doesn't even have a definition of "pandemic". They just got a bunch of peeps around a board table, had lunch and decided to give it a new name. He used a lot of fancy words to say that but that's exactly what he said. And this is the organization Skippy is so desperate for us to support.

[jazz]

Again the truth is the first victim. We have no idea how bad this is or could get. The big pop centers are getting news cases fast it seems.

When you see 5 or 6 cases in some middle of nowhere town then its time to hit the panic button.

[fjlip]

Most if not all are returning from hot spots, cruises, plane travel. Population density always adds risk to health, humans no different. World is very connected, has consequences.

[macdon02]

https://www.google.com/amp/s/amp.ft.com/content/a6239e12-5ec7-11ea-b0ab-339c2307bcd4

[malleefarmer]

Again the truth is the first victim. We have no idea how bad this is or could get. The big pop centers are getting news cases fast it seems.

When you see 5 or 6 cases in some middle of nowhere town then its time to hit the panic button.

But jazz you been saying all along it nothing. Don’t crack the shirts we’re allowed to disagree in a friendly way. Gotta go of to shearing shed