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They have reoccurring interest and sometimes principal payments well into the future - overall their debt is over $300 billion. So no, it's not a drop in the b
by OnlineGladiator 5y ago
They have reoccurring interest and sometimes principal payments well into the future - overall their debt is over $300 billion. So no, it's not a drop in the bucket for any one person.
https://www.ft.com/content/e0a447f9-b4c2-45dc-bfc8-755b284d18d2 https://www.ft.com/content/e0a447f9-b4c2-45dc-bfc8-755b284d1...
As to how you've jumped from "rich individuals don't want to pay corporate debts" to "government bailouts clearly work" I have no idea.