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GhostOnTheHalfShell

@economics-that-works


Jul 3

State Farm, California's largest home insurance company (20% of the market) is in trouble. Extreme weather forces huge disaster payouts it cannot sustain, but this is true of insurance everywhere.

Insurance is central to property value, investment and lending. No insurance, no credit and no economy.

youtu.be/GaxdTI8aciM