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They got enough slush money to make this go on for a couple of years. I am shocked at the part they know it is a bubble and they are doing nothing to amortize
by project2501a 11mo ago
They got enough slush money to make this go on for a couple of years.
I am shocked at the part they know it is a bubble and they are doing nothing to amortize it. Which means they expect the government to step in and save their butts.
... Well, not that shocked.
- bigbuppo 11mo agoThey're floating 40 year bonds for technology with a three year lifecycle. They do not have the actual cash for this.