• frunch@lemmy.world
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    18 hours ago

    We’re at the point where the billionaires are aware that their debts don’t matter, especially small ones like that. I mean didn’t one of those assholes just say they’re coming up 20 billion short this year? They don’t really seem that concerned, nor does it seem to be having any effect on the trajectory SI appears to be on.

    When you owe a billionaire $70k, you’ve got a problem. Turns out you also have a problem when you’re owed $70k by a billionaire. Trump has spent his whole life proving you don’t have to pay bills when you reach a certain level of wealth because you can just drag everything out in litigation. Turns out common folks don’t have that same leverage, unsurprisingly.

    • boonhet@lemmy.zip
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      9 hours ago

      Well that 20b short isn’t really debt, it’s missed expectations, though one could argue the expectations themselves were fraudulent and ClosedAI will argue they just predicted something wrong