4 ms·
Has this model ever worked for long? I wonder how many of these business models are going to survive the next recession.
by danieltillett 7y ago
Has this model ever worked for long? I wonder how many of these business models are going to survive the next recession.
- formercoder 7y agoThere is no bad debt, just bad prices. Of course there may be no demand at the correct price. We’ll see how we work did
- Tehdasi 7y agoIt's actually the reverse of how a bank makes money, they take on sell long term debts and buy short term debts.
- danieltillett 7y agoNot exactly encouraging given the failure rate of banks before deposit insurance.