• @CaptainPedantic@lemmy.world
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    2610 months ago

    If Tesla’s stock crashes, then the value the banks could get from selling it is much lower.

    If Twitter and Tesla go bankrupt, the banks will have loaned out billions to own something worthless.

    At least I would assume that’s how it works.

    • Vanth
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      410 months ago

      Careful there, bud, you’re singing the siren song of bank bailouts.

      • Uriel238 [all pronouns]
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        10 months ago

        The proletariat is still sore about the ones in 2008. They revealed plain the stratified economic system.