15 points | by petethomas 21 hours ago ago
4 comments
2.7% overall inflation for 2025 yields a $96B loss for insurers, wow.
Haven't they already been raking us over the coals enough with 10x health bills to absorb this without missing a beat?
That past taking has been amortized over many different VC fund losses already. Where did you think the people who invested into WeWork got the billions from? It didn't go into anything like due diligence.
You’re assuming there will ever be enough for these bastards.
It is a 96b loss in market cap, not revenue or profits.
2.7% overall inflation for 2025 yields a $96B loss for insurers, wow.
Haven't they already been raking us over the coals enough with 10x health bills to absorb this without missing a beat?
That past taking has been amortized over many different VC fund losses already. Where did you think the people who invested into WeWork got the billions from? It didn't go into anything like due diligence.
You’re assuming there will ever be enough for these bastards.
It is a 96b loss in market cap, not revenue or profits.