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When he requests debt from the banks he needs to show that his current owned assets are worth more than his current debt _and_ the new requested debt. They woul
by rsstack 4y ago
When he requests debt from the banks he needs to show that his current owned assets are worth more than his current debt _and_ the new requested debt. They wouldn't loan the hypothetical billionaire infinity dollars, unless the billionaire has infinity dollars in assets that aren't offset by previous debt.