The Rev Kev
March 11, 2024 at 7:31 am
I really do not know how popular those Israeli bonds are going to be on the open market. They will probably quickly get the moniker of “Genocide Bonds” and rightly so. So will Pension Funds want to be caught owning Israeli Genocide Bonds on their books as more and more news comes out of Gaza? They would be as popular as 1944 Waffen SS Bonds. But there is another factor. Any financial organization is all about profits and a way of doing that is making investments in people who have a track record in making prudent decisions. Well, that is the theory at least. But which financial institute would feel comfortable owning Genocide Bonds when the Netanyahu government has proved itself rabidly unstable and who is likely to order the invasion of Lebanon next week which would trash any worth that those bonds would have. Government would buy them up to support Israel but they know that any losses that they would have on those bonds their taxpayers would have to eat for them so no skin off their noses.
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