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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GST who wrote (43568)10/15/2005 2:35:19 PM
From: Win-Lose-Draw  Read Replies (3) of 110194
 
It will certainly be a drag on the economy.

I don't think that's a fair characterization. It would be more accurate to say people living in the regular path of hurricanes are having the subsidy of below-cost insurance removed. One less distortion in the economy, seems like a good thing to me...?
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