07-31-2023, 09:56 AM
(07-31-2023, 08:43 AM)ijmorlan Wrote:(07-31-2023, 12:50 AM)plam Wrote: Raise money (incur debt), extract money, declare bankruptcy...
Who are the rube lenders who are loaning the money?
The lenders aren't rubes, they're getting their money...the "extract money" phase is key...there's value here, it can be monetized, even if this is destroyed in the process...
Capitalists will burn anything down to make a buck, it's how the system works.