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Are the companies that are writing these massive debts actually making money at the end of the day though? If that stops then the whole industry and practice wi
by martinald 9y ago
Are the companies that are writing these massive debts actually making money at the end of the day though? If that stops then the whole industry and practice will stop.
- mathattack 9y agoGenerally yes. Otherwise they don’t do them. But when the market gets frothy, a bunch lose at once. (And the life insurance companies and pensions counting on them get hurt)