Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, and founder of New Millennium Wealth. My goal is to help individuals get out of the rat race and become financially free, by showing you every step of my journey, and by sharing all of the knowledge I have accumulated about trading, investing, markets, and economics over the past 5 years.
Episodes
Saturday Jun 27, 2020
Ep. 25: No, Not All Businesses Are Insured Against Riots
Saturday Jun 27, 2020
Saturday Jun 27, 2020
Apparently, I was a gluten for punishment the other day, and read on Facebook that many out there believe that it’s ok for the rioters to destroy businesses and private property because they have insurance to cover it.
This is an ignorant child’s perspective and no, not every business has insurance, not every insurance company covers riots, and even if their insurance plan covers the destruction, it will more than likely raise their premiums.
Riots are wrong, hands down, there is no justification for them.
They destroy people’s lives of all backgrounds and ethnicities.
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