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And that’s explains them being insolvent today? They are a net negative on society yet they are kept around because they make cars haha even tho they can’t do it enough to stay solvent.
If all the debt holders called in the debt today they would be toast
You're not this stupid, sir. Stop saying asinine things.
It's in the nature of debt that calling them in at a moment's notice would ruin someone: cue every mortgage ever.
And Ford isn't insolvent; words have meaning, stupid.
What meaningfully different between a producing company that's been around forever and has healthy cash flows to support its expenses and a new, aggressive Ponzi-financed pot of bitcoin without any of that is the chances/probability demand for its liabilities will evaporate.
Strategy relies on a tenuous, microscopic market for its oversized liabilities that it constantly needs to roll over to new suckers; Ford is in a vastly better situation to roll debt since they actually earn money — what a concept
Comparing a mortgage to corporate debt is laughable! Two different credit instruments plus mortgages are backed by the socialist system we live in.
Clearly you can’t read. I said if debt holders called in the debt today Ford would be insolvent. If a bankruptcy court liquidated all of Ford’s assets would every single bond holder be made whole? I think not!!
Your hate for Saylor and what he is doing is blinded you from basic economic principles.
It’s laughable watching you defend Ford who should’ve went bankrupt a long time ago.
You are the guy still viewing the market in the future cash flows model that must materialize to keep Ford afloat.
And the expectation of that future cash flow keeps the ford insolvent machine going.
Stop, stop, stop. You're just making noise, now.
If you want to seriously discuss corporate finance and bailouts and public markets, I'm all for it. But do it properly and not this retarded
Saylor is a twat, and a stain on Bitcoin.
I beg to differ. He just has an idea that’s different than yours.
That is it.
that's not "it." Nowhere near the end of "it."
Also:
How long have they been around, making cars?