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Old 03-09-2024 | 05:35 AM
  #22  
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StoneQOLdCrazy
Bent over by buybacks
 
Joined: Feb 2017
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Originally Posted by putzin
. I will ask why you think or how one BK destabilizes the rest of an industry that is doing 'fine'?
When one player is permitted to shed debt from lenders/vendors, and artificially reset labor costs to below-market rates...and other players are not availed of those tools...that is quite destabilizing.

Any narrative silmilar to "BK won't be that bad" is wishful thinking at best, and cynical dissembling at worst.
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