ST Alpha - "or you force your creditors to restructure, so they'll get something...." (Reading a Post)

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In response to "you can fold a company and walk away from it." by Reagen

or you force your creditors to restructure, so they'll get something....

Posted by x (aka dmuck) Dec 2 '16, 17:33

that's what i find kind of intriguing. as a debtor, there is a way that in some sense you hold a lot of the cards. china is sure a lot more patient about a payoff, which is where i think some miscalculation might come in.

it's just a very different idea of statecraft (and it could easily and very likely be disastrous) but i find it sort of interesting, is all. i think people who see this as bumbling are probably wrong. this is just the way they are going to do things.

Responses:

The ideas that this is the way they are going to do things and it's bumbling are not mutually exclusive. -- nm - jnine Dec 2, 22:41
my mantra for the next four years: "It can be two things" -- nm - Reagen Dec 2, 17:40 2
- well, yeah..nm - x Dec 2, 17:52
- my mantra for the next two years: "impeach, please impeach, omg please impeach" -- nm - mud Dec 2, 17:46

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or you force your creditors to restructure, so they'll get something....

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