Originally Posted by
BenS
So your contention is that creditors do NOT price in broader market risk when negotiating loan terms??? Interesting... And you call me dumb...
It's not 2008?? So the auto loan bailouts of 08 were because domestic auto manufacturing is MORE important to commerce and economic activity of the US than the domestic airline industry??
All around interesting points you make.. 🤔
Cold Hard Reality: NK is negligible in the grand scheme of the industry and economy. Only reason this is even on the table is political optics related to the Iran war.
No Iran war, no bailout.
If NK was another company in a less high profile industry, also no bailout. This is not 2008, and NK isn't GM or CitiGroup.