Loading ...Pfizer & Moderna – The Next Enron’s
This is a great read based on the Life insurance reports of significant increases in overall death statistics, as FGC and some others have previously pointed out. For that reason alone, it is worth reading. However, an additional factor is not discussed at all, since the author is focussed on the stock market declines, in general, and Pfizer, BioNTech and Moderna, specifically. I am saying that an even bigger problem exists. The life insurance companies are, after sovreign govt. holdings, the largest purchasers and holders of US long term treasuries. Because of the outlier death claims, they are going to have to stop buying as many and actually sell large amounts of their treasury holdings to pay those claims, at a time when those bonds are underwater because of sharply higher interest rates. This is going to exacerbate any selloff in the bond market and contribute to the steepness and length of an economic contraction, ie. recession.
https://www.bschools.org/blog/future-of-covid-vaccine-company-stocks
“This is going to exacerbate any selloff in the bond market”
Not just the bond mkt.
Falling bond prices mean higher rates, affecting ALL markets especially tech.
Good observation here. Thx CM.
Maybe the Ins Companies should sue the Governments for foisting these things….and thus destroying their actuary calculations
Would be staggering $ amounts of losses but hard to quantify if the deaths were actually caused by the jabs(in most cases they probably were) but without autopsies that certified the blood clots etc. were caused by the vaccines it wouldn’t be provable in court. The medical examiners aren’t going to throw the rest of the medical/industrial complex under the bus. Maybe, after enough years and enough deaths there will be a class action type settlement like tobacco, asbestos, etc.
its likely the govt does a deal with insurance companies, to keep them quiet.