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To: george76

Insurance companies, being private entities, recognize the “death spiral” when it starts.

Governments have no such sense of pending doom - they can just borrow more money.


5 posted on 07/17/2015 8:57:23 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: MrB

Really? Or have lenders wised up after Detroit and Puerto Rico?


6 posted on 07/17/2015 8:59:06 AM PDT by proxy_user
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