In the past, doing business required "no deception", but now Americans do business by comparing themselves to see who has the good skills at "frauding"! Americans really do business based on "fraudulent syndicates"! Let me take "insurance" as an example! The legalization of “loan sharking” is also a strength of the U.S. banking industry! The "financial games", "financial products" and "financial derivatives" in the United States are the origins of the fraud market! "Virtual currency" is of course the highest level of financial derivatives! These fraud techniques are indeed very clever, but we don’t crack them one by one. Why not crack them? Because people who will be deceived by "financial derivatives" and "virtual currencies" must be greedy and have a lot of spare money! Just like many people are deceived by some investment companies! Let’s talk today about “insurance”, which has the most profound impact on people’s lives! I have a lot of questions about Musk’s words! Musk said: We live in a virtual world. I want to ask Musk: Why do we need to buy insurance when living in a virtual world? If we live in a virtual world, then these hospitals and medical treatment should be "abolition"! The "virtual world" has no physical need at all! Does the "virtual world" need restaurants? Do you remember what the Sixth Patriarch Hui Neng said? There is nothing in the first place, so where is the dust? There is definitely no dust in the virtual world! If we live in a virtual world, houses, cars, clothes, and children are not "rigid needs". Do you understand? Is this world a virtual world? Musk, ask your conscience! Musk: If we live in a virtual world, why are you having so many children? Musk may really have a split personality, or Musk may have entered a state of confusion between "reality and virtuality"! Musk needs to see a psychiatrist (I wonder if it’s a sequelae of drug abuse?)!
Let’s talk about “insurance”! "Insurance" should be one of the biggest fraud tools in the 19th century! I think I am qualified to talk about insurance because I have studied insurance in the United States, Mainland China and Taiwan. What a coincidence: I have been exposed to insurance since I was very young! Didn’t I tell everyone that my teacher participated in the design of “Taiwan’s National Health Insurance”? Why do I say: Insurance is the biggest fraud tool since the 19th century? We have been brainwashed by insurance companies. Insurance is a kind of "protection"! Insurance is an "investment"! Insurance is a kind of "savings"! I want to ask everyone: What exactly is "insurance"? Let me tell you all! The original design of "insurance" is: "risk sharing"! What is "risk sharing"? That is, the risk originally borne by one person can be borne by more people, so that one person's burden will not be so heavy! Let me give you an example! For example, in a traffic accident, a person needs to pay $50,000 to compensate for the injuries to the car and people! If this person has insurance, he may only need to pay $10,000, and the insurance company will bear the rest! Why can the insurance company cover $40,000? Because we pay premiums every year, and there are some people who have not had any accidents, people who have not had accidents also share the "accidental losses" of these people who have had accidents! Did the insurance company suffer any losses? The insurance company suffered no losses at all! Where do insurance companies' profits come from? Insurance companies’ profits come from “the design of insurance products”! I can tell you: Insurance companies will never lose money! Why? Because the products designed by insurance companies must be to "maximize the interests of the insurance company"! Why does Taiwan’s National Health Insurance lose money? Because National Health Insurance is paid for by the state! This is the difference between "private insurance companies" and "state insurance companies"! The real problem is "the design of insurance products and the amount of claims"! Let me tell you again: Insurance companies and insurance products will never lose money! Because insurance is not "gambling"!
Why do I say: American insurance is a fraud? All financial derivatives in the United States are an "advanced fraud"! In New York, cars must have "compulsory insurance". I would like to ask how many people have used their own car insurance? I have never used my own car insurance, I have always been "used insurance". What is "used insurance"? I just got hit by someone when I used car insurance! Being hit while parked on the side of the road, being hit while driving...etc. is because the probability of being hit is high, so we must buy insurance! Why is the probability of being hit so high? I think the Manhattan congestion fee in New York City is like taking off your pants and farting! Is it possible to live without a car in New York City? Of course you can take buses and subways in New York City. I think the New York government is really a bunch of bastards + bastards + idiots. If the New York government is abolished, New Yorkers’ lives will definitely be better! Have you seen how easy it is to get a driver's license in New York? I really want to scold the New York government. You know you can get a New York driver's license by giving $50 to the examiner! The New York government just wants to be a bitch and build an archway again! They are loyal to the car manufacturers, so everyone can get a driver's license! They also want no cars to come into Manhattan, so they forcefully charge the Manhattan Congestion Charge! If a city’s subways and buses are very convenient, I would like to ask: Will people spend money to buy cars? If people don't buy cars, will insurance companies make money? If people don’t drive, will there be demand for those petrochemical energy sources?
Worst thing New York City has ever done: Making it easy for everyone to get a driver’s license! Everyone casually gets a driver's license and of course everyone can drive! Do you know how many cars in New York are uninsured? Do you know how many cars hit people and run away in New York? There is a rule in New York: you must have a driver’s license to buy a car! Basically, anyone who buys a car can definitely buy a driver’s license! You can buy a New York driver's license with just money! Although New York stipulates that "compulsory insurance" must be purchased, do you know how many cars in New York do not have insurance? There are many out-of-state cars in New York, and out-of-state cars don’t need to buy “mandatory insurance” at all! You now understand why I scolded the New York government: They are obviously bitches, but they still want to erect a memorial arch! "Insurance" protects "people who abide by the rules." The problem is: if many people in a group do not abide by the rules, insurance is just a "tool for making money"! New York State is huge! You have to drive in many places in New York because public transportation in New York is not universal in New York State! Just like every time I use insurance, I get hit. If the person who hits me doesn't have insurance, I have to pay for the repairs myself! My insurance will keep going up! Why do car insurance premiums keep rising in New York? Because there are too many out-of-state cars and too many people can no longer afford car insurance in New York! Who caused these vulnerabilities? Is insurance the scam tools or really the sharing risk tools?
