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Antony Wooster
The Duran
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Comments by "Antony Wooster" (@antonywooster6783) on "Fantasy Davos peace talks. Ukraine raising $300B reparation bonds" video.
20:27 I am not a lawyer but, I would have thought that it would in effect make the banks that participated in this scheme, in crininal slang, into Fences!
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30:53 Two similies occur to me: A smash&grab raider robbs a jeweller's shop and takes the loot to a bank in the same street and offers it as security for a loan. Or, someone deposits his life's savings with another who offers to pay interest on it and then, subsequently, refuses to either pay interest or pay the money back, but instead, takes it to a bank and offers the other's life's savings as collateral for a loan, explicitly intending to spend it on his Boyfriend! I would have thought that in order to get this extremely risky scheme to fly, it would be necessary to offer very large returns, but that does not seem to be the case. What would be in it for people that bought these bonds?
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