Semantics
2[H]4U
- Joined
- May 18, 2010
- Messages
- 2,811
If people actually invested money instead of letting it sit in banks insurance would be pointless. I get the idea of car insurance being a must but that's about it. Never liked the idea that insurance is required yet it's left to for profit companies, which just want the money to invest it which you could have done yourself, if people taught you how to invest, then hope calls for the money back is less than the investments and if it's greater than the investments then fuck it the state is on the hook.exactly. insurance companies work like casinos: they are only profitable if more people lose than win. that is, on average you're better off without insurance. sure, what if something happens. well, what if nothing happens which is the more likely case. otherwise noone would take the risk to insure you.