Markets, AIG, Housing, health care
juli 16, 2010
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Category: Hälsa
Tags: bear, ben, bernanke, bubble, bull, collapse, commodities, crash, crisis, currency, depression, dollar, doom, economic, economy, euro, faber, gold, Hang, inflation, market, nasdaq, NYSE, oil, paul, Peter, recession, rogers, ron, Roubini, Sang, Schiff, silver, stagflation
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24 Responses to “Markets, AIG, Housing, health care”
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mars 4th, 2010 at 11:53
I can’t see monthly payments for extended stays in the hospital for complicated surgeries or leukemia treatments being lower than monthly insurance premiums but what do I know? Then again, how many insurance companies drop you or cut off your coverage at a certain level anyway these days leaving you to pay for the rest out of pocket?
mars 4th, 2010 at 16:10
Didn’t realize clarification was needed…Obviously Canadians aren’t going across the border for routine care; surgury however, is a different story.
mars 4th, 2010 at 16:16
eg: my uncle had back problem. He was told he will have to wait min 6 mths (waiting list) for an invasive (& dated) procedure. After which he will be out of work for 3 months for recovery. Total 9 months of pain, discomfort, no work.
Chooses to go to FLA and pay. Gets MRI same day, then in hospital later that day. Has non invasive surgery (a procedure not available here due to cost), and required 2 weeks of recovery…on a beach
Total time out of work: 3 weeks
mars 5th, 2010 at 5:18
I think we can all agree that Obama’s plan is useless. Fully nationalized systems elsewhere are FAR cheaper than ours, and while they don’t supply healthcare as quickly, they do supply it more EQUALLY, which I think is the key point.
mars 5th, 2010 at 8:35
people shouldn’t be investing in something they don’t like or understand, and get ripped off big time, only because they’re assured to be ripped off a small amount in a shorter period with 100% chance if they choose to do nothing. Investment is supposed to be a chosen risk for a chosen reward and savings is supposed to mean you chose not to invest except in yourself directly. W.T.F. mate.
Short-term deflation gets people buying right away. Long-term deflation keeps people buying fearlessly.
mars 5th, 2010 at 8:36
It’s inflation that makes people have to stop buying, or to buy everything once all at once to stop from being ripped off. If there’s inflation, once something’s beyond my cost/reach I won’t be buying any. Ever. If there’s high need/value and I buy a lot at once, right away, then I’ll never buy again in inflation, but if it’s food I might have a problem. Inflation is damaging. It need not exist.
mars 5th, 2010 at 13:34
There you go again. You´re on about someone who doesnt know about investments. Why? I dont know. I was using stocks as a type of good but you just… I dno.
And of course ”Short-term deflation gets people buying right away.”. Economist dont care about short-term deflation. Its not the issue here! Are you there?? Hello?
mars 6th, 2010 at 5:33
but stocks are NOT a type of good. See? Logic. You can’t use the logic for what’s good about cars, for what’s good about computers, for what’s good about stocks.
If someone wants something to keep it, then deflation is good. If someone wants something only to resell it later at a higher price, deflation is bad. Or, the item being re-priced in this way is bad. Or the speculation itself is bad.
If I buy a DIVIDEND-returning stock then I earn by holding REGARDLESS of the price at first.
mars 6th, 2010 at 5:34
the ‘IF’s are the key, so leaving them out actually removes all sensibility.
mars 6th, 2010 at 15:06
No the ”if”´s just blur the picture. But you are not getting my points at all. Focusing on the wrong issues and twisting absurd points out of them.
mars 7th, 2010 at 8:55
no, the IFS are the ENTIRE PICTURE. ALL OF IT.
Take away all the conditions and IFs and there is no picture. Just a blank slate.
IF I intend to resell something for a higher price, ONLY THEN is it of value to increase with inflation, like a stock. Then I buy to sell.
OTHERWISE, IT IS USELESS TO ME.
IF I buy a car, a house, a computer, with DEPRECIATING PRICES, it has HIGH VALUE TO ME not because of reselling because I plan NEVER to resell. I plan to USE IT.
IF’s are the ENTIRE PICTURE.
Always
mars 7th, 2010 at 15:05
I dont know what (IF anything haha) you have been studying but when you try and examine certain conditions you have to leave others out (have certain assumptions) as to not confuse things. Else you can defuse all logic. Your bastardization of my example with stocks:
Me: People wont buy stocks today if the think they will be cheaper tomorrow.
You: They will if they dont know shit.
Well duh.
mars 8th, 2010 at 12:39
You really don’t get it. A gigantic map of probabilities, conditions with IF’s and actual numbers, describes how the future unfolds from the past.
Without the IF’s there’s only the most bland, wrong, blatant assertion of what might have been, or never was.
Oh well, your loss.
mars 15th, 2010 at 13:55
You don’t have to drive a car.
Car insurance is for replacing your car, other car, or injuries you cause. Health insurance isn’t really insurance at all because you can’t get a new body like you can get a new car.
Every 7th grade consumer economics class covers this.
I agree with your point, but no 100%. We need to be able to buy catastrophic health insurance only. You can’t get that in any state because of all of the state mandates on what has to be covered…many not catastrophic events.
mars 15th, 2010 at 20:24
If you want to see something scary look at a chart of home prices for Beverly Hills CA. Most still have million dollar or better status but a surprising amount are being sold for about the price of a cheap car! To me that spells trouble.
mars 21st, 2010 at 5:14
Free market forces ARE displayed in health care.
Look at Lasik surgery and cosmetic surgery. Since they’re introduction into our culture, they have both progressed by leaps and bounds while also becoming more affordable.
One concept that may also elude people is that frivolous lawsuits against both doctors and manufacturers has become commonplace, often paying out perverse financial settlements and is threatening their very existence. So, government and insurance gets involved..cha ching!
mars 23rd, 2010 at 22:15
3 Easy steps to fix your mess:
a) No more WAR & Income Tax
b) Use ARMY for Farming & Aid
3) unplug your TVs and rize
mars 28th, 2010 at 5:55
Good example but what do you say to UPS and FED Ex and other shipping services. They are not even comparable to United Postal Services Service and Cost. I am amased people claiming government run enterprises do not work when you have UPS, DMV, FBI, CIA and our military doing such great job in providing cost efective services. I am sure most of us were schooled at public schools and proud of it.
mars 28th, 2010 at 5:59
Health Insurance should be paid by higher taxes. Everyone should be covered. Call it socialism or what you want. It is the right thing and it makes perfect economical sense. thats the only way the cost is going to go down.
mars 29th, 2010 at 7:10
I think people think too linearly.
There is no exclusively proper form of governance for everybody. I’m 80% Libertarian, 10% Republican, 5% Democrat and 5% Don’t give a shit.
We definitely need some socialized organizations to help of large population facilitation to protect life, liberty and the pursuit of happiness. Ie. Fire Department, Limited Police, more effective FBI and SEC.
Post office? nope. Department of Education? nope
IRS? definitely nope. I could go on for hours…..
mars 31st, 2010 at 8:21
Give me one example of government reducing the cost of anything.
and if you can give an example, the trade off for cheap price is always quality and efficiency. So, great. I get worse quality of care and less efficient health care so some people have at least some health care. Sounds fair.
If government had never entered into health care with subsidies including Medicare, health care would cheap enough for the vast majority of the population to pay out of pocket for those services.
maj 9th, 2010 at 4:56
The only problem with government getting out of healthcare would be that people with no or a low income cannot afford healthcare..
maj 9th, 2010 at 17:07
@Luvanicebum
I am not American (girlfriend is) and I am not living there either. You know.. less regulation certainly is a thing that should be considered. Leave regulation to the States instead of to Washington.
Socialized medicine should indeed be established. And I don’t mean ”Obamacare” (which is a joke) but genuine socialized medicine. French style. But establishing that should be left to the States.
maj 9th, 2010 at 17:11
@AmersfoortTristan
For the rest- the departments should be shrunk dramatically. AMTRAK and the US Post broken up and privatized. The armed forces repatriated and shrunk dramatically. The Federal Reserve should be nationalized and placed under Congress. And a full inquiry into the dealings of these clowns should be launched.