Post #2393025
2026-05-04 05:52 UTC
Ah, yes, I forgot that if I rack up $3000 in CC debt but have $10,000 in the bank, I actually have zero debt, “depending on who you ask”.
Replies (1)
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@Arghblarg@lemmy.ca 2026-05-04 05:57
Big corps always wave away debt if they can pay it off via revenue, or future promises of revenue, or … reasons. Why is it different here? Honest question. They have more cash on hand, it seems, than their current debt, so could pay that at any time. Why is it a true liability?