World Bank's Global Pandemic Casino

This is weird. See this UK Guardian article World Bank’s $500m pandemic scheme accused of ‘waiting for people to die’.
Funds can only be released after a certain amount of time and in accordance with complex criteria including outbreak size, growth rate, deadlines and death tolls. In the case of coronavirus, the bonds would not pay out until 12 weeks after the World Health Organization (WHO) publishes its first “situation report”, which would not be until 23 March. Another criterion is that the outbreak is still growing.
The bonds, funded by donor nations Japan and Germany, deliver interest payments to investors until the conditions for an infectious disease outbreak are triggered.
Now what if the WHO was found to have invested in this scheme, on behalf of its poorer 51 member countries?  Ask them:
The final paragraph of the Guardian piece above reads:
Meanwhile, the WHO has appealed for £520m for “frontline efforts” to contain coronavirus. The disease has infected more than 82,000 people and killed over 2,800 people in 51 countries to date, but has not yet been declared a pandemic by the WHO.
It sounds to me as though somebody has persuaded the WHO that the greatest risk to health of the world's population is global economic collapse. This phenomenon is a thing. It's called the Dunning-Kruger effect:


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