this post was submitted on 15 Jul 2025
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I once caught a cab in Belfast and, in the 15 or so minutes, the driver revealed he was a former paramilitary fighter, and recounted a conspiracy theory about the sinking of the Titanic having been faked as an insurance scam.
Ive heard the world bank/some kind of monetary policy theory, but I don't think I've heard the insurance scam before.
1: Sell a bunch of tickets
2: Sink ship
3: Insurance pays out the finished value of the ship, obviously greater than building costs, plus you still have the ticket sales.
4: Guaranteed profits! Invincible even!
Simple as...