2 ms·
... then it is a big deal.
by InsideOutSanta 3mo ago
... then it is a big deal.
- philipallstar 3mo agoOkay, but why? What's the actual thing that will happen?
- InsideOutSanta 3mo agoThey made huge investment commitments based on planned revenue. They'll go bankrupt (and tear much of the economy down, given how tied up everyone is in them) if they can't keep raising money to pay for these commitments or turn huge profits.
- aswegs8 3mo agoBut will they? How greatly are they leveraged? Even if the economics don't work out anymore, they'll be able to sell capacity, pivot, etc. without causing an implosion.
- InsideOutSanta 3mo ago> But will they? Yes. > pivot Unless they pivot to literally turning shit into gold, it's going to be a hard no. Realistically, they'll be bailed out by the government. That's what will happen. Because China can't win.