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> So if they call in the bonds tomorrow then Walmart will cancel dividends, etc., to pay them? They can't, not how bonds work. > Pretending there's no limit a
by jaekash 6y ago
> So if they call in the bonds tomorrow then Walmart will cancel dividends, etc., to pay them?
They can't, not how bonds work.
> Pretending there's no limit and no deleterious effect seems wrong.
Nobody is pretending. There are many potentially deleterious effects, but amazingly the set of problems people have with this have almost no intersection with the potentially deleterious effects.
> If every time a company struggles the gov step in
This is a pandemic. The government engineered a scenario which destroyed the economy to save lives. Walmart engineered nothing here.