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fung_derf

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fung_derf

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Re: bar1080 post# 834

Friday, 09/16/2022 1:23:07 PM

Friday, September 16, 2022 1:23:07 PM

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I get that, but then again, companies like AIG (which was at the time just 1 of 5 AAA rated companies), had to get a bail out from the government .
Insurance companies work because most of the population doesn't die at once. Imagine if it did. Now, once again, how does this differ from a Ponzi scheme?
I'm not trying to call out all insurance companies, I just want someone to explain to me how it differs.

Buy on the way up!!! Just my opinion, of course.

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