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cmcconomy

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reminds me of the recently enacted FAIR plan in California for last-resort wildfire insurance. It got state dispensation to carry otherwise-disallowed, lopsided balance sheets to cover more people -- but if a small fraction of those people do experience wildfire it'll go bust!

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edit: see below, I was wrong about FAIR being newly enacted

What Is Blueskyism? 11 months ago

this guy is like matt drudge, he caught lightning in a bottle and is holding tight onto that moment of relevance

Dépanneurs 1 year ago

this goes years back, but in the early 2000s I visited Paris and was a bit scandalized to hear the colloquial name for corner store was "l'Arabe" (!)

Thanks!

This is the key piece of information for making sense of it. Ultimately the OP's insight is that the number-naming system used in the west is thousands based instead of millions based, but came to that by observing the number-naming outcomes instead of the source notation that led to it.