It’s Official: The End is Near
...y’s WSJ is a reminder of how this associational game increasingly paints a picture of a mad and dystopic science fiction reality. Along with the story on feeding livestock junk food, we have a story on Fermat Capital Management L.L.C., a money management firm led by a biophysicist that sells bonds, “linked to natural catastrophes, such as hurricanes”. So called “catastrophe bonds” are a method for insurance companies to ease the danger of losses o...
