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Debt sucks. Debt is the opposite of freedom. The hedgies you’re torching? They are losing other people’s money. You’re making them sad AF, but they’re not going to be picking up extra shifts and taking on a second job. They will never get calls from debt collectors.
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Someone, maybe you, bought $GME at $380 today. Maybe it was a big fund. More likely it was a new RobinHood user’s CNBC FOMO market order. Of course, all RH shows them is buying power, and buries the borrow. But that debt? It’s real. It’s owed no matter what.
Debt has no fucks to give when the price collapses. Debt doesn’t care who gets the last chair when the music stops. Debt haunts, lingers, & binds. Debt doesn’t care about your green paper gainz screenshot, because two weeks later it sees the all-red screen that you never post.
Vodafone Idea plans QIP, shelves debt fundraising | How some rookie traders outfoxed top hedge funds | Signs of rising economic momentum | Battered infra dream awaits a new deal Subscribe to the Mint e-paper and website here:
"The NHL has raised around $1 billion in new debt on the private placement market, and the league is using the capital to create a central facility from which each of its clubs can draw up to $30 million."
San Diego County officials are hoping state lawmakers find a way to help erase a huge amount of outstanding water bill debt, exacerbated by the COVID-19 crisis.
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Exclusive: The Times has obtained tax-return data for President Trump extending over more than two decades. It shows his finances under stress, beset by losses that he aggressively employs to avoid paying taxes and hundreds of millions in debt coming due.
It’s World Health Day, and we owe a profound debt of gratitude to all our medical professionals. They’re still giving their all for us every day, at great risk to themselves, and we can’t thank them enough for their bravery and their service.
Not everybody can stay home, and we owe a big debt of gratitude to health professionals, transit and airport workers, first responders, and everyone keeping our communities going. Leaders have to step up to support people whose lives and livelihoods take a hit in the weeks ahead.
We can never truly repay the debt we owe our fallen heroes. But we can remember them, honor their sacrifice, and affirm in our own lives those enduring ideals of justice, equality, and opportunity for which generations of Americans have given that last full measure of devotion.
"To Barack and Michelle Obama, our country owes you an enormous debt of gratitude. We thank you for your graceful, determined leadership.”
I don't think it's radical to say schoolchildren should not have "lunch debt." If we can give tax breaks to billionaires we can guarantee free, universal school meals to all our kids.
We owe a profound debt of gratitude to all our health professionals and everybody who’ll be on the front lines of this pandemic for a long while. They’re giving everything. May we all model our own behavior on their selflessness and sacrifice as we help each other through this.
My parents were teachers, and my family was always extremely strapped for cash, and heavily in debt. I made my way up through hard work, and zero inheritance. I’m a liberal because I was always taught, even when we were broke, that some things are more important than money.
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