The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label monetize. Show all posts
Showing posts with label monetize. Show all posts

Monday, July 18, 2016

Russian bank monetizes on Pokemon Go fad as it prepares to offer accident insurance

The Pokemon Go phenomenon is one where average people are turning into the equivalent of Black Friday zombies, and quickly losing sight of their surroundings in the attempt to capture virtual creatures on their smartphones.

ZombieMon Go | ZombieMon Go | image tagged in zombies,zombie,pokemon,pokemon go | made w/ Imgflip meme maker

Image courtesy of Stevecutts.com

In the week or so that the game has been active, there are numerous reports of players being hit by cars on roads and freeways, being arrested for trespassing on the private and business property, and some even finding themselves molested by thieves and muggers as these incidents are just a few of the consequences that playing the game has created to put individuals in harm's way.
And while the game has become a global experience to millions of people, Russia is mulling over placing a ban on the Pokemon Go app due to its ability to co-opt one's Google account and personal information.  But until that occurs one bank there is seeing an opportunity to monetize on the Pokemon craze, and is offering insurance for people who might find themselves injured or worse while chasing a virtual Pokemon up and down the street.
Pokémon Go players in Russia are being offered free insurance in the event of injury while using the popular app. The country's biggest bank Sberbank is giving clients 50,000 rubles (about $800) worth of cover, Kommersant daily reports. 
“Given the fact that some countries have reported injuries of players who were catching Pokémon, we have developed a special product that will be free for players,” said the CEO of Sberbank Life Insurance Maksim Chernin. 
Compensation will depend on the severity of the client’s injury. Insurance cards will be given out for free, according to the media. Pokémon Go users will just have to visit a landing page and fill in the nickname, real name, birthday, location and e-mail. 
“It is also important for us that the project will improve financial literacy, as the younger generation will be able to learn about insurance instruments while playing the game,”Chernin added. - Russia Today

Friday, February 10, 2012

PIMCO makes huge bet that Fed will monetize MBS

The world's largest bond insurer PIMCO has decided that not only will the Fed eventually monetize Mortgage Backed Securities (MBS), but will have no choice in the action.  They believe it so much that they have borrowed $88 billion to buy MBS's above what they currently control.

That's putting your money where your mouth is for sure.

...has meant one thing and one thing only: betting on the Fed monetizing Mortgage Backed Securities or bust. Well, in January he just took it to a whole new level. The fund has now borrowed a record $88 billion, or -35% of its AUM, in cash (shows how much he things of the dollar) and used the proceeds (together with dumping European sovereign bonds from 18% to 11% of AUM) to bet on MBS which now stood at a whopping 50% of the entire portfolio - the highest since July 2009 when QE1 was in full force. However, in absolute dollar terms, due to the growth of the fund's AUM, the actual bet on MBS has never been bigger, and at $125 billion, represents the biggest notional bet ever made by PIMCO. Treasury holdings of just over $100 billion with an effective duration of 6.33 complete the epic bet that the fund has now put on QE3. - Zerohedge