U.S. states
also referred to as: us states
2 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Jul 24, 2024 by John Coogan · across every show →
Everything said about U.S. states, oldest first
Jul 24, 2024 neutral
US states securitized Big Tobacco settlement payments into tradable bonds
“Like states have actually, like every state got a payment because they have the local hospital systems. And so these states were able to take these revenue streams and then create derivatives against them and like sell those as bonds and then like pull all tha…”
Jul 22, 2026 bearish
Friedberg: Government Pension Plans Will Ultimately Bankrupt US States
“These pension plans are poison. The fundamental problem with these pension plans is that they will ultimately end up bankrupting the states, or they will become Ponzi schemes where people get screwed because they're expecting retirement benefits and they don't…”