Thursday, November 19, 2015

The U.S. "Healthcare" Cartel Is Going Out of Business

Which will collapse first, the bloated healthcare system or the ludicrously overpriced university system? Costs keep going up while ability to pay is collapsing...

Jim Cramer:
"No one's making money, this is staggering"
"It's reaching a crisis level"

Premium increases have led the healthiest people to leave the Obamacare exchanges rendering them "unprofitable". Of course, if those "invincibles" have any type of accident, they're bankrupt, but they're probably bankrupt already anyway...

This just in:

"Because no one's making money"

Price performance
Healthcare (red) versus S&P since 2009: