MichaelSchmichael

Seven Uncomfortable Predictions for the Economy

I find mildly entertaining that the author can not only dish out juicy macroeconomic spin, but can also give you the low-down on fashion, dating and relationships (including the need to "Get A Life THEN Get A Man") (www.jenniferbawden.com...). But I have to admit that the author clearly excels at self-promotion and marketing, giving the public exactly what it wants (gloom and doom) to drive interest in her firm.

Jstratt -- Claim reserves and reinsurance are irrelevant to the insurer problems the author references (liquidity crunch created when csv demands on life policies exceed current cash, requiring the sale of illiquid assets at so-called fire sale prices).