HaiZhung@feddit.org to A Boring Dystopia@lemmy.worldEnglish · 11 hours agoIt will trickle down any second nowfeddit.orgimagemessage-square86fedilinkarrow-up1521arrow-down12
arrow-up1519arrow-down1imageIt will trickle down any second nowfeddit.orgHaiZhung@feddit.org to A Boring Dystopia@lemmy.worldEnglish · 11 hours agomessage-square86fedilink
minus-squareAdolfSchmitler@lemmy.worldlinkfedilinkarrow-up2·5 hours agoThey take out loans against their stock, kind of like a HELOC. So they get money without reporting any income too cuz it’s a loan.
minus-squarezr0@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·4 hours agoOf course. Never said that those are 100% stocks. They have massive expenses to cover and they use the stock value as leverage. The banks giving out loans are creating the bubble.
They take out loans against their stock, kind of like a HELOC. So they get money without reporting any income too cuz it’s a loan.
Of course. Never said that those are 100% stocks. They have massive expenses to cover and they use the stock value as leverage. The banks giving out loans are creating the bubble.