Re: POTUS 45.11: Attack! Repeat. Atrack!!!
You assume someone wants to use your assets as collateral. The asset may not be worth the balance sheet claim (cough-Enron-cough) or be under performing or, worse, taking a loan against the asset will mess up your equity ratios (and affect the interest rates you'll pay which again raises your monthly cash needs*).
*See: downward spiral
Originally posted by Kepler
View Post
*See: downward spiral
Comment