Thread: Bankruptcy
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Old 02-10-2022 | 11:10 AM
  #903  
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Al Czervik
You scratched my anchor
 
Joined: Feb 2011
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Originally Posted by dera
AAGs issue is also that additional credit requires them to hold more cash. They used to need around 7 billion in cash (this was early 2020), they have since borrowed 15 billion more so they must be close to 10 billion required. There will be a tipping point, obviously no-one knows where that will be.

It’s gonna happen any minute.
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