How pensions were ‘hit by hurricane’: Banker behind LDI strategy that needed Bank bailout says it was not designed to withstand ‘ferocity’ of gilt sell-off

by Boo_Randy If the complacent sheeple realized their pension funds, and our entire financial system, were a house of cards, how many of them would be stacking the shiny? https://www.dailymail.co.uk/money/markets/article-11276197/LDI-not-designed-withstand-ferocity-gilt-market-sell-off.html A banker who helped to design the pension investment strategy …

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Gov. DeSantis says Hurricane Ian is a 500-year event as stunned Florida residents wake to utter devastation after ‘tsunami-style’ floods ‘killed hundreds – as 50 National Guard choppers begin search and rescue for thousands

Helpless Floridians desperately called relatives and police, pleading to be rescued from their flooded homes Authorities have warned that fatalities will be ‘in the hundreds’ as the monster storm continues to rage   Streets turned into rivers, with storm surge flooding …

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Hurricane Ian To Unleash Up To $70 Billion In Losses, Insurance Market Devastation And Even Bigger Spike In Inflation- Ian is arriving in the wake of six insolvencies among insurers that write homeowner policies in the state

Just three weeks ago we observed how the 2022 Hurricane season had neared its halfway point without any hurricanes making landfall on the coast of the United States. All that is about to change and with a bang: As the powerful Hurricane …

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Tampa braces for its worst hurricane in 100 YEARS: Monster storm Ian is set to batter Florida as a ‘large and powerful force’ bringing 15ft waves and 135mph winds – as locals dig TRENCHES and strip stores bare

by Boo_Randy Things are starting to get downright Biblical. Each new day is like opening another chapter of Revelations. For newbie WSS apes, this is why stacking and prepping go hand in hand. Don’t be one of the sheeple panic-buying …

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