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The Always Awesome Tommy Emmanuel: "Timberland"

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ericblair3/20/2020 1:23:23 pm PDT

re: #87 lawhawk

And his businesses will all suffer too, because they’re all highly leveraged, and the loss of income will push them towards insolvency in short order. If those closures persist, watch for the bankruptcy notices.

Do we know how leveraged they are? They may have some, uh, interesting financing mechanisms. I think one side effect of this meltdown is going to be some very strange financial explosions in odd places because of all the dark money pathways that are relying on “normal” economic behavior, which just got tossed out the window. And it’s one thing to stiff Bank of America, and another to stiff a Russian mob boss.