Insurance companies simply won't have the liquidity to pay all the claims though

it will need direct government help, who will need help from world banking system. Gonna have to be some quantitive easing that'll make the 2008 crash look like a blip.

Posted By: duke of york on March 17th 2020 at 07:37:01

Message Thread

so this is happening in France from midday - for '15 days' read 4 months (Coronavirus) - shoddy, Mar 17, 05:55:11
- Here’s French life with a little more freedom (Coronavirus) - Augustus Pablo, Mar 17, 08:09:11
- Unprecedented times ahead eh Shoddy? As a business man (some would disagree) I’d rather (Coronavirus) - Augustus Pablo, Mar 17, 06:54:13
  - If every business made a claim the money would probably run out faster than toilet paper (Coronavirus) - Ben, Mar 17, 07:43:06
    - Bingo (Coronavirus) - CWC, Mar 17, 08:26:58
    - Aye (n/m) (Coronavirus) - Augustus Pablo, Mar 17, 07:58:25
  - Insurance companies simply won't have the liquidity to pay all the claims though (Coronavirus) - duke of york, Mar 17, 07:37:01
    - They've vastly more liquidity than any small business. (n/m) (Coronavirus) - tudders, Mar 17, 10:53:38
      - Obvs, but not enough to pay out to them all (n/m) (Coronavirus) - duke of york, Mar 17, 12:20:41
    - Also feel sorry for folks who have saved hard in their pensions (Coronavirus) - Men without hats, Mar 17, 07:41:36
      - I’ve lost a load already but I’m a few years off yet,so I’m hoping they bounce back (n/m) (Coronavirus) - Augustus Pablo, Mar 17, 07:59:47
    - Agreed (n/m) (Coronavirus) - Augustus Pablo, Mar 17, 07:38:31
  - Chancellor is doing the press conference today. Assume he will announce (Coronavirus) - Jim, Mar 17, 07:28:23
    - Let’s hope so, I know we’re all experts(!) but what they announced yesterday was what (Coronavirus) - Augustus Pablo, Mar 17, 07:42:19

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