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A comment on The Case for Letting Malibu Burn (1995). Parent comment

Re:The Case for Letting Malibu Burn (1995) by cyberax on Sunday January 12, 2025 @04:14PM (#42677005)
> The 2017 and 2018 wildfires wiped out _25 years_ of insurance company profits

Money spent to repay loans or to make reserves are not profits.

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