For a couple of years now we’ve highlighted various data points suggesting that Obamacare was, and continues to be, in an inescapable death spiral that will end in a spectacular collapse of healthcare exchanges around the country. While there are a number of reasons that Obamacare was doomed from the start, it basically all boils down to the original failed logic that millions of young, healthy Americans would gladly pay out the nose for a product they didn’t want and knew they would never use all to fulfill a civic obligation to subsidize the healthcare costs of their older and/or less fo