(Total Views: 159)
Posted On: 10/10/2021 8:06:35 AM
Post# of 126907
The real kicker will be:
SOMEBODY - sold a lot of insurance and derivatives on those dollar bonds. When they are defaulted on (which is happening) those schmucks who sold insurance at 10 cents on a hundred dollars, knowing they would never have to pay out, NOW HAVE TO PAY OUT!
These were sold by the big boys on wall street - you know who - and this is going cause a lot of underwear issues in short order.
But - Biden will bail them out - all except for one that they will let fail spectacularly.
By the way - wasnt it intresting that Lehman Brothers, gave less money to the dimocraps than any other insurance / investment bank?
SOMEBODY - sold a lot of insurance and derivatives on those dollar bonds. When they are defaulted on (which is happening) those schmucks who sold insurance at 10 cents on a hundred dollars, knowing they would never have to pay out, NOW HAVE TO PAY OUT!
These were sold by the big boys on wall street - you know who - and this is going cause a lot of underwear issues in short order.
But - Biden will bail them out - all except for one that they will let fail spectacularly.
By the way - wasnt it intresting that Lehman Brothers, gave less money to the dimocraps than any other insurance / investment bank?
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