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RE: The Catalyst for the Crash?

in #finance7 years ago (edited)

@indigoocean, great 15 minute video. Harry Markopolos, had all the answers and answered every question with complete certainty. This whole thing will be very interesting as it all plays out. GE's long care insurance sector is a total mess. For every one dollar they collect, they are paying out over $5.00 in benefits. How long can that go on. Cooked books for sure.

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Exactly. The msm is falling over themselves to explain it away, but there’s no explaining away math.

Good to hear from you. Hope all is well, and your enjoying your new location. It must be nice having family around again.

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