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Oh, no! That wasn't what he meant. The president clarified that he meant to say that grocery stores and banks will work with you and extend you credit.
by throwaway5752 8y ago
Oh, no! That wasn't what he meant. The president clarified that he meant to say that grocery stores and banks will work with you and extend you credit.
- matt4077 8y ago“Banks will work with you and extend you credit” is exactly the same as “getting a loan”.
- throwaway5752 8y agoNo. In the context in which he said it, it means what happens in bankruptcies when debt-holders renegotiate terms and vendor contracts are restructured, something that the president is, sadly, well qualified to talk about (and commerce secretary, for different reasons)
- deleted 8y ago[deleted]
- akhilcacharya 8y agoWhat sort of grocery stores offer IOUs