Pure Economic Loss

Hi,

Can someone please help me understand pure economic loss? I should really already understand this, but it always escapes me.

How can it be that negligence in an architect’s design, which causes damage to a neighbouring property, gives right to a cause of action, but if it causes damage to the property itself, then a future purchaser without a contractual link to the architect is unprotected?

What if the purchaser also buys the neighbouring building (which the architect did not design)? Then, despite buying both properties, the purchaser would still only be able to claim in respect of the neighbouring building? Even if the hypothetical damage was caused to both buildings?

I’ve been told the explanation may lie in caveat emptor, but what if the defect in the design is latent? Is it really as simple as β€œit is the law”? This seems wildly unreasonable and counter intuitive.

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πŸ‘€︎ u/keboses
πŸ“…︎ May 10 2019
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28,600 down, 59% loss, currently an average of 7.52 with initial investment at 27.77. Yes I nag on here as a way to vent, just like everyone else that bought this πŸ—‘ at the tip. This stock is pure πŸ’© and perfect example of market manipulation. I’ll keep buying daily until I can’t or gets delisted.

πŸ’©πŸ—‘

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πŸ“…︎ Jan 07 2022
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Why is pure economic loss considered to be a problematic area of duty of care?

To my understanding, the rules which are set out in Caparo and also Hedley Byrne make it a pretty clear area of law.

So why is it considered to be a problematic area?

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πŸ‘€︎ u/dootsydora
πŸ“…︎ Mar 29 2019
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World Economic Forum 2022 Global Risks Perception Survey finds top three risks over next decade: climate action failure, extreme weather, and biodiversity loss unfccc.int/news/climate-t…
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πŸ‘€︎ u/Mr_Lonesome
πŸ“…︎ Jan 13 2022
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anil ambani's RCL has defaulted loan payment and EPFO is affected badly because of it. While the big corporates are getting heavy haircuts, common citizens are bearing the huge burden of these economic loss of the country. Still hardly any discussion about these issue in salaried class of new India. v.redd.it/p3424y82up681
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πŸ‘€︎ u/dipsy9
πŸ“…︎ Dec 20 2021
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Pure economic loss

Apologies if I'm posting this to the wrong subreddit (If I am could you please send me in the right direction) I am trying to find out more information about consequential economic loss, I wish to know whether a claimant being at an economic loss from being physically injured would have a claim in tort law. I know as a general rule economic losses are not recoverable through tort law set out in the case of Spartan Steel & Alloys Ltd v Martin & Co however if the injuries sustained are to the person themselves instead of machinery how does this affect the matter? Any help or advice on the matter would be greatly appreciated.

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πŸ‘€︎ u/DoubleDsmite
πŸ“…︎ Dec 03 2015
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I’m A Twenty Year Truck Driver, I Will Tell You Why America’s β€œShipping Crisis” Will Not End. It’s important to understand what the cost implications are for consumers with this lack of supply in the supply chain. It’s pure supply and demand economics. portside.org/2021-12-22/i…
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πŸ“…︎ Dec 23 2021
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One of my strains I created a while ago, she stinks of pure cakey gas and smokes πŸ”₯πŸ”₯ what you see is what you get with her no size loss when drying at allπŸ‘Œ also trimming is like a non essential 🀣🀣 v.redd.it/x8w7kknwpba81
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Job growth so strong, the GOP is (literally) at a loss for words: For months, Republicans tried to draw a direct connection between the White House's economic agenda. As it turns out, that wasn't a good idea. msnbc.com/rachel-maddow-s…
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Sue the crimex and the bullion bankers for economic loss...due to blatent crimes of silver shorting...
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πŸ‘€︎ u/invah
πŸ“…︎ Jan 15 2022
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How can a business show a profit to pay their loan payments and suffer economic loss at the same time? Another Government Catch-22?

I am trying to get an increase on an EIDL Loan. I was asked for a 2019 P&L statement. Now they're asking for a 2020 P&L. Is it true that if I don't show an economic loss in 2020 or it will be declined. But at the same time, they told me my 2019 P&L had to show enough to pay the loan payments. It's like a Catch-22. How can a business show both "economic injury" and enough profit to pay the debt service at the same time?

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πŸ“…︎ Jan 07 2022
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Pure economic genius: Inflation is actually growth that dirty capitalists keep from you!
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πŸ‘€︎ u/3nchilada5
πŸ“…︎ Nov 10 2021
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Barbara Streisand Erroneously Claims Biden’s Economic Record is America’s β€˜Best in 40 Years’… another Hollywood ignoramus.. Pure lies.. Inflation is out of control!! conservativeunplugged.com…
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πŸ“…︎ Jan 03 2022
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Each year in Springfield, more than 1,200 individuals and more than 500 families suffer a period of homelessness. The great majority of these homeless people are poor and have lost their homes because of job loss, illness or other economic problems. They are the CRISIS HOMELESS. We Deserve Better! google.com/url?sa=t&s…
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Climate crisis has wreaked greater destruction, economic disruption, and loss of life to the US than conflict with Russia or China washingtonpost.com/opinio…
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πŸ‘€︎ u/waveballoon
πŸ“…︎ Nov 10 2021
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Alert 3 to cause P200-M economic loss, affect 100k jobs news.abs-cbn.com/business…
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πŸ‘€︎ u/KarenChavez
πŸ“…︎ Jan 07 2022
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As economic crisis is not far away, when stock market crashed, holding which coin can hedge the loss?

I bet BTC as it is more like gold.

I am not optimistic about Hbar price, as Hbar is a utility coin, which is highly associated with economy. If economy is bad, HBar price should not be good either.

Please correct me with logical reasons if I am wrong.

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πŸ“…︎ Oct 20 2021
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Impermanent Loss VS Pure Yield (APR)

I'm by no means a defi expert but I (kinda) know how impermanent loss (IL) works. I played a bit with those online calculators and to be honest, even seeing how serious the numbers of the IL can get with one of the paired coins plummeting and the other pumping, I still cannot understand why everybody is so worried about IL when having the insane yields we are having these early days in DFK, which are still in the thousands per cent.

A good example of what I'm asking is the JEWEL/MIS pool. Basically when the pool launched few days ago the ratio JEWEL : MIS started at about 1:1 while now it has fallen to 3.6 : 1 which implies an IL pretty heavy of about 20%. But the rewards are so insane that you get 10% daily if you include the locked rewards, which are in JEWEL (considering actual price, which I know is another variable to consider), or about 1% in unlocked rewards, still daily. Besides MIS can recover and getting out of the pool now looks very stupid because then IL will become PL!

What's your thoughts about it? Where's the threshold of the convenience in terms of gains made via rewards and losses taken via IL?

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πŸ‘€︎ u/NeilHush
πŸ“…︎ Oct 18 2021
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Tough game tonight. Although every loss is a disappointment, listening to Marques Johnson commentate is a pure joy that only replicates itself when Rafael rails me from the behind. Gonna start putting my favorite Marques quotes into the page. He just has a way of words when talking about ball.
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πŸ“…︎ Dec 18 2021
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Humans are making Earth a broken and increasingly unlivable planet through climate change, biodiversity loss and pollution. So the world must make dramatic changes to society, economics and daily life, a new United Nations report says. courthousenews.com/un-hug…
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πŸ‘€︎ u/C_est-la-vie
πŸ“…︎ Feb 19 2021
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πŸ‘€︎ u/SnakeDoc25
πŸ“…︎ Nov 18 2021
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ESS SL was supposed to be easy but why do I feel that it is killing me T-T. I used to be a pure science stream students in Form 4 and Form in secondary school. O-Level Biology, Chemistry, and Physics were easy. I am a Y1 IBDP taking MAA, Economics and English B in HL. How do I study ESS?
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πŸ‘€︎ u/alexnx03
πŸ“…︎ Oct 02 2021
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Can Pure Tone Testing Alone Differentiate Inner Ear Vs. Middle Ear Hearing Loss?

I read that bone conduction testing is needed to determine if there are issues in the middle ear. Yet my doctor only conducted air pure tone (listen to sounds through regular headphones and raise hand when I hear them) and diagnosed me with sensorineural hearing loss (inner ear).

How does she know it's this type of hearing loss, that there is damage in the inner ear, if she didn't conduct the bone conduction or other tests? How does she know it's not an issue with the middle ear muscles or ossicles with just this test?

Note: She destroyed my ears with microsuction. This was months ago. Reason why I'm wondering if she even had any clue what she was doing with the hearing test itself afterwards.

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πŸ‘€︎ u/SeasidePoet
πŸ“…︎ Nov 19 2021
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Do Pure Motorcycle Expertise Websites loss too much ranks and traffic during winter?

How much traffic do motorcycle based website loss during October to March (winter)?

I've seen most of the motorcycle related sites, including the reliable brands like Revzilla, Motorcycle. com, has been loosing ranks and traffics, where many of their keywords are losing rank to other tech sites or Car sites. Is it normal?

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πŸ‘€︎ u/lewisallen982
πŸ“…︎ Nov 15 2021
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This is why fixing our nations infrastructure is so important! Letting it rot means a mega economic loss for our nation! We can not have a booming economy without having adequate infrastructure youtube.com/watch?v=BYVMx…
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πŸ‘€︎ u/Dustin_Scott
πŸ“…︎ Nov 07 2021
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big company insiders of reddit, if increasing wages is not that much of a loss to the ultrarich and there's an economic incentive to do so, what logic makes the companies not do so?
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πŸ“…︎ Nov 23 2021
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ah yes, the tragic loss of economic productivity
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πŸ‘€︎ u/glampingwitch
πŸ“…︎ Oct 12 2021
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Pursuing a PhD in pure math with a master in economics

Currently i am doing a heavy theoretical focused master in Colombia. The master Is focus on economic research with substancial math component. My micro, macro and econometric went trought topology, real analysis, advanced calculus, large sample theory, etc. Honestly i am more inclined to a full theoretical career, in gamer theory, or econometrics. I want to reinforce this with a pure math master (i would love a PhD in math or staristics Aldo) in a reasonable good univesity in USA or Europe. I have no time or resources for a math bachelor. I wonder if my background Is enought for this, or any advice about this. I have reasonable chance to survive such programs?

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πŸ‘€︎ u/Jonhgalt29
πŸ“…︎ Oct 04 2021
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What happened with HOOD earnings??? Now they claim no loss and actually a gain in Q2? This is pure insanity!!!🀬🀬🀬 reddit.com/gallery/p85dwf
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πŸ‘€︎ u/paulmro
πŸ“…︎ Aug 20 2021
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If I took Economics and Politics at uni, how much of a disadvantage would I have against someone who took pure econ when going into investment banking or something similar.

Even if I took the course at a top university like LSE?

Cheers :-)

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πŸ‘€︎ u/HarrBathtub
πŸ“…︎ Oct 10 2021
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According to jason fung we burn around 0.5 lbs of pure body fat per day of fasting after glycogen stores run out. My question is : how long does it take glycogen stores to run out and has anyone maintained fat loss after 10 day water fast ( fat loss should be 4.5 lbs ) ?
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πŸ“…︎ Aug 11 2021
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