A hedge fund called The Baupost Group made $3B after wagering on the insurance claims they bought at a significant discount from insurance companies that represent victims of the CA fires sparked by the utility PG&E--fires made worse due to climate change-fueled drought. Tens of thousands of victims are still waiting on settlement money. But insurance companies sold the claims to get paid upfront, and Baupost got billions after PG&E shares rebounded after PG&E's bankruptcy.
The wounded US imperialist beast becomes more dangerous than ever as desperately seeks to start a WWIII
globinfo freexchange It seems that the declining Western superpower is losing ground and tries hardly to avoid the inevitable. The US imperialist beast, despite all the destruction that causes, is failing to fulfill its utter objectives. Which in short, are the dissolution of Russia and China, looting their vast resources, as well as the full expansion of the destructive neoliberal model throughout these areas and other countries allied with the Sino-Russian bloc. Most importantly, the wounded beast is loosing much of its strength due to the rapid de-dollarization that has started approximately ten years ago, as dollar had become the front line of the US imperialist sweeping force since the early 70s. As if nothing has changed, the beast insists on using the same tools to prevail in the global geopolitical field, ignoring the unprecedented changes and complexities under current circumstances. In a move (as it seems) of desperation, the United States House of Representative
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