Matt Levine's "Money Stuff" column today talks about this > In 2017 the World Bank issued some pandemic bonds. Investors who bought these bonds got a high interest rate, but they could lose all their money if there was a pandemic... https://www.bloomberg.com/opinion/articles/2020-02-10/catastrophes-and-correlations …https://twitter.com/robinhanson/status/1227635350601732096 …
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