I don't think it has much to do with the fact that it is lossless, but rather that it does not compress in a suitable way. In the scheme of things outlined by G

I don't think it has much to do with the fact that it is lossless, but rather that it does not compress in a suitable way. In the scheme of things outlined by GGP. Whether such scheme implies lossy is a question that needs to be demonstrated imho.