Cash-value life insurance isn't a shoe waiting to drop, it's more of shoe store. Just as with a run on the banks, as more and more individuals find themselves at the end of their fiscal rope they'll be looking at the last pot of "guarenteed" cash they've got, their life insurance policies. Insurance companies are invested in the market just like everybody else. When policyholders start cashing in or taking loans on policies in large enough numbers, these crooks are obligated to honor them, but with no investments worth anything to sell, they'll be falling in a bloodbath that'll make the housing issue look like a pimple on an elephant. They've managed so far to avoid the harsh light of public...

Cash-value life insurance isn't a shoe waiting to drop, it's more of shoe store. Just as with a run on the banks, as more and more individuals find themselves at the end of their fiscal rope they'll be looking at the last pot of "guarenteed" cash they've got, their life insurance policies. Insurance companies are invested in the market just like everybody else. When policyholders start cashing in or taking loans on policies in large enough numbers, these crooks are obligated to honor them, but with no investments worth anything to sell, they'll be falling in a bloodbath that'll make the housing issue look like a pimple on an elephant. They've managed so far to avoid the harsh light of public concern, but that day is coming as surely as the 4th of July.