Thread: The Chronicles of Rishi
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Old 19-04-2024, 10:02   #1858
jfman
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Re: The Chronicles of Rishi
Quote:
Originally Posted by 1andrew1 View Post
It's the owners who decide how much or how little debt they load the company up with. If they gamble and get it wrong, then they should face the consequences.

If the owners gamble on loading the parent company up with debt, and interests rates rise then they take a hit and possibly lose ownership of their assets. Conversely, if interest rates fall then they take a gain.
In that case nobody would take on a privatised industry (and I’d be fine with that). All these vulture capitalists pile because it’s free spins at the roulette wheel. Billions borrowed. Billions paid in dividends. Zero investment.
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