Comments by "LRRPFco52" (@LRRPFco52) on "David Lin " channel.

  1. I’m looking at Mortgage delinquency rates right now and there was a very predictable trend with them from Jan 2009 to Jan 2020, then they dropped to 0.8% by June 2020 due to COVID relief policy, but now they are climbing for the first time since 2008, though nowhere near 2008 levels. CFPB shows them climbing, while FRED shows them flat. Weird.
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  2. Yup. Medicare Plan A is also used as a rolling hospital bailout program, never discussed. Hospital directors are notorious for coming in, embezzling funds for a few years, then splitting, no consequences. Feels like a Mafia scam if you ask me. Notice that Congress never talks about auditing Medicare?
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  3.  @cjb8993  Healthcare workers have really high Debt-to-Income ratios as well. Real estate, auto, education, and credit card companies make billions off them. Doctors have really unhealthy social influences when it comes to debt, too much house, too much car, and insane education expenses. Then top it off with malpractice insurance and there is so much toxicity surrounding the "health" industry. The lawyers, pharma, and Congress have systemically contaminated Healthcare and we need a revolution to transform it back into genuine patient care. More govt involvement isn't the answer either, as govt screws everything up.
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