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originally posted by: misfit312
a reply to: Oppenheimer67
Ever watch Dead Rising watchtower? My husband asked me to watch with him.
There is a drug called Zombrex, you have to take your injection(from big pharma) at the same time everyday....but you won't become a zombie
I would want to know if I had this virus even if I mistook it for a bad flu.We don't know long term complications yet.
originally posted by: hopenotfeariswhatweneed
a reply to: ketsuko
We both know it's the headlines that grab peoples attention the details won't matter in a situation like this.
originally posted by: burdman30ott6
originally posted by: EndtheMadnessNow
Sorry if already posted but this looks highly suspicious.
$425M in World Bank catastrophe bonds set to default if coronavirus declared a pandemic by June.
In 2017, the World Bank designed a new way to raise money: Pandemic Emergency Financing bonds. Over $425 million worth of such bonds, which bet against a global outbreak of infectious diseases and will default if WHO declares the coronavirus a pandemic, were sold by the World Bank in its first-ever issuance of catastrophe bonds. In the event of no pandemic, investors would be paid a healthy annualized return. Meanwhile, the World Bank could use the bonds to insure itself against the risk of a global outbreak.
Wash Examiner
$425 Million is chicken scratch to the World Bank. I personally don't believe that meet a threshold they'd be willing to play games over, but I could be wrong.
originally posted by: slatesteam
a reply to: Oppenheimer67
If I drop ya $5 via Venmo, can I be a producer?
That plot is almost exactly the worst case scenario that I’ve been thinking of during all this....
A little known specialized bond created in 2017 by the World Bank may hold the answer as to why U.S. and global health authorities have declined to label the global spread of the novel coronavirus a “pandemic.” Those bonds, now often referred to as “pandemic bonds,” were ostensibly intended to transfer the risk of potential pandemics in low-income nations to financial markets.
It is possible that concerns over using the word “pandemic” could upset global markets and lead to economic turmoil, similar to what happened to the U.S. stock market following the CDC announcement on Tuesday. Though such concerns are valid, there is also evidence that a particular class of bonds issued by the World Bank that are closely related to official declarations of pandemics may also be responsible for having steered WHO and CDC officials away from using this term, even though the consequences of doing so could negatively impact global public health.
originally posted by: ketsuko
a reply to: hopenotfeariswhatweneed
Read the history of that though. It was a Congressional call, and a new act was authorized. Just because the press chooses to dig it up as if it was all cuts ... doesn't make it so.
Not to mention throwing money at a thing does not mean it's a good thing. Look at education. We've been throwing money at it forever and it doesn't actually get better.
It's easy to find reasons to be angry when the goal is to find something to be angry about.
There is one source for the article: Laurie Garrett. Laurie Garrett has a history of writing articles predicting pandemic and epidemic doom and gloom. I guess it's hard to keep up that sort of response if one actually looks into the facts.
The Pandemic and All-Hazards Preparedness Act of 2006 was allowed to expire in 2018 by Congress. Donald Trump never had the opportunity to sign the bill, as it died in the Senate. Without funding, it sounds perfectly reasonable to fire (or more properly, lay off) those working in a department that is no longer funded... people expect to be paid. Donald Trump then signed the re-authorization bill, the Pandemic and All-Hazards Preparedness and Advancing Innovation Act of 2019, otherwise known as S.1379, on June 24. 2019. This act re-authorizes the previous bill and actually expands it.
Thus far, there are less than 20 cases of the virus in the United States. There have been no related deaths in the United States that I have heard of. I find it interesting that Ms. Garrett praises China for their efforts to contain the virus; the vast bulk of the cases and almost all the deaths resulting from the virus are in China. The coronavirus kills through pneumonia, and the air pollution in China is quite poor and likely is damaging the lungs of the citizens... leaving them more vulnerable to the virus.
But the guy who signed the re-authorization bill to combat the virus, in a country which has experienced no major outbreak, is at fault of course, while the country which has weakened its citizens and tried to keep the outbreak quiet as long as they could is doing an outstanding job and leading the way in pandemic control.
TheRedneck