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$148M correct? Seems small, like a fairly wealthy multi-billionaire could just pay that off in one fell swoop.
by xwdv 5y ago
$148M correct? Seems small, like a fairly wealthy multi-billionaire could just pay that off in one fell swoop.
- nwidynski 5y agoThis is just the interest payment on a $300B debt.
- ncallaway 5y agoMy mortgage payment is small enough that a lot of people could easily afford a single payment if I had defaulted on it. That doesn’t mean they could just pay off the entire remainder of a mortgage. Paying off the current payment doesn’t deal with the remaining $300B debt that they need to service. It just kicks the can down the road a few days. Good luck finding a multi-billionaire that’s going to swoop in and make $148M payments on a regularly recurring basis for the next decade.