Smitty Two wrote:
In article ,
"charlie" wrote:

interest free loan for N years x M number of buyers - devaluation of the $
over N years = a lot

Makes sense. A friend in the investment world told me a number of years
ago that insurance companies actually pay out slightly more in claims
than they take in in premiums. Their profit comes from investing your
money between the time you pay the premium and the time you make your
claim.

Does that mean that premiums will go up, lagging behind the downturn in
the economy? Great. something else to look forward to.

nate

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