Ah, yes, I forgot that if I rack up $3000 in CC debt but have $10,000 in the bank, I actually have zero debt, “depending on who you ask”.
Really tried to “um ackshually” the article with the financial acumen of a stoned teenager?
Edit: Anyway, to answer your question because “does GameStop currently have debt” is kind of beside the question: leveraged buyouts often put debt toward the company being bought out. Thus, the debt being discussed is likely the debt from the merger, not the $4.36 billion GameStop has right now. I got sidetracked because of your completely bullshit, confidently incorrect claim.
Big corps always wave away debt if they can pay it off via revenue, or future promises of revenue, or … reasons. Why is it different here? Honest question. They have more cash on hand, it seems, than their current debt, so could pay that at any time. Why is it a true liability?
It’s not different here, debt is debt, you might say “despite the debt it’s a good stock” or something like that but you don’t pretend $4B in debt just doesn’t exist.
“financial acumen of a stoned teenager”. Can you just not read either, or do you not understand this is that thing you learn about in 3rd grade called a “comparison” and not literally calling you a stoned teenager? I’m getting concerned here.
You also clearly have no idea what an “ad hominim [sic]” is either.
make no pretense to be some financial guru.
You certainly considered yourself well-informed enough to say the person BBC News quoted had no fucking idea what they were talking about without doing the most basic research first.
It’s 2026; my patience for the intellectually lazy has been running on fumes for a decade and is on its deathbed. If you want to police your tone around these braindead slobs, that’s your business.
For my part, I’m fine with treating these Dunning–Kruger “oh yeah, all those experts are wrong” morons who know fuck-all about even the basics of what they’re saying like they deserve to be treated: as an object of ridicule.
Uhm actually ddg is just bing with marketing,
does not block microsoft trackers, giving them a monopoly on that data. Use Searxng if you actually want no trackers.
And like. The economy isn’t real. You need to stop getting so worked up about these semantics. Debt isn’t a real thing, money is not a real thing, its all just psychotic monkey scribbles. Made up shit.
The only type of debt that does exist, is the one humanity has towards earth. A debt that exits in the labour, resources and energy that it will take to balance our planet out so it can continue to co-exist with us.
GameStop has 4.36 billion in debt who tf are you asking and can I borrow their confidence?
But that same link says they have $9B in Working Capital and Invested Capital. What’s the true net value then?
Ah, yes, I forgot that if I rack up $3000 in CC debt but have $10,000 in the bank, I actually have zero debt, “depending on who you ask”.
Really tried to “um ackshually” the article with the financial acumen of a stoned teenager?
Edit: Anyway, to answer your question because “does GameStop currently have debt” is kind of beside the question: leveraged buyouts often put debt toward the company being bought out. Thus, the debt being discussed is likely the debt from the merger, not the $4.36 billion GameStop has right now. I got sidetracked because of your completely bullshit, confidently incorrect claim.
Big corps always wave away debt if they can pay it off via revenue, or future promises of revenue, or … reasons. Why is it different here? Honest question. They have more cash on hand, it seems, than their current debt, so could pay that at any time. Why is it a true liability?
It’s not different here, debt is debt, you might say “despite the debt it’s a good stock” or something like that but you don’t pretend $4B in debt just doesn’t exist.
“financial acumen of a stoned teenager”. Can you just not read either, or do you not understand this is that thing you learn about in 3rd grade called a “comparison” and not literally calling you a stoned teenager? I’m getting concerned here.
You also clearly have no idea what an “ad hominim [sic]” is either.
You certainly considered yourself well-informed enough to say the person BBC News quoted had no fucking idea what they were talking about without doing the most basic research first.
Very hinged response.
It’s 2026; my patience for the intellectually lazy has been running on fumes for a decade and is on its deathbed. If you want to police your tone around these braindead slobs, that’s your business.
For my part, I’m fine with treating these Dunning–Kruger “oh yeah, all those experts are wrong” morons who know fuck-all about even the basics of what they’re saying like they deserve to be treated: as an object of ridicule.
Just too much work for them, I guess.
Uhm actually ddg is just bing with marketing, does not block microsoft trackers, giving them a monopoly on that data. Use Searxng if you actually want no trackers.
And like. The economy isn’t real. You need to stop getting so worked up about these semantics. Debt isn’t a real thing, money is not a real thing, its all just psychotic monkey scribbles. Made up shit.
The only type of debt that does exist, is the one humanity has towards earth. A debt that exits in the labour, resources and energy that it will take to balance our planet out so it can continue to co-exist with us.
Sorry, just trolling by acting “stoned teenager”
Untrue. We all owe a debt… to ourselves, for always being there. But… does that mean we’re the Earth? This is so crazy.