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submitted 6 months ago by Ep1cFac3pa1m@lemmy.world to c/funny@lemmy.world
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[-] Blackout@fedia.io 3 points 6 months ago

Oh man guys, the amount of over-leveraged companies out there is insane. One of my competitors is going out of business with nearly 100mil in debt. They probably gross $25m per year. My suppliers tell me anytime a competitor asks to increase the payment terms. One large co. requires a net 1 year on the parts they order now. The system is cracking.

[-] dual_sport_dork@lemmy.world 4 points 6 months ago

Yeah, we don't provide terms anymore. I tell my clients straight up we're not going to be left holding the bag when they go out of business, and when they start kicking and screaming I have a long list of former clients who already went out of business I can show them and fall back on.

If they don't have the cash on hand I advise them to get a loan. Just... from someone else, alright?

[-] UnderpantsWeevil@lemmy.world 2 points 6 months ago

Stocks Fall

-0.75% today

Giving up early gains

+22% since January

[-] SpicyLengthiness@lemmy.ca 1 points 6 months ago

They're already back up. Every slight fall is all doom and gloom, and then the next day it's reversed.

[-] Lost_My_Mind@lemmy.world 0 points 6 months ago

I remember that game! GTA San Andreas, on PS2!

I remember it because I'm a millennial!

Also, shit's fucked financially.

this post was submitted on 16 Oct 2025
9 points (100.0% liked)

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