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![]() comments, ephemera, speculation, etc. (protected political speech and personal opinion) 2020- 2020-03-11 a Viral News - Dr. WHO Finally Declares a Pandemic “We have
therefore made the assessment that #COVID19
can be characterized as a pandemic
“Pandemic is not a word to use lightly or carelessly. It is a word that, if misused, can cause unreasonable fear, or unjustified acceptance that the fight is over, leading to unnecessary suffering and death “Describing the situation as a pandemic does not change WHO’s assessment of the threat posed by this coronavirus. It doesn’t change what WHO is doing, and it doesn’t change what countries should do" With that declaration $425 million worth of pandemic bonds just got triggered. What are pandemic bonds, you ask? “Some analysts
have argued that these pandemic bonds were
never intended to aid low-income
pandemic-stricken countries, but instead to
enrich Wall Street investors. For instance,
American economic forecaster Martin
Armstrong has called the World Bank’s
pandemic bonds “a giant gamble in the global
financial casino” and a “scheme like no
other,” recently arguing that these bonds
could present a “a structured derivative
time bomb” that could upend financial
markets if a pandemic is declared by WHO.
Armstrong went on to say that it is in WHO’s
interest to declare the coronavirus outbreak
a pandemic, but noted that, in doing so,
they would cause bondholders to take
significant losses.”
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