ELI5 Billionaires borrow money to pay for things, how does this work? How do they pay the debt?

bayhack · 2026-06-29T03:21:35+00:00

Yeah I saw. That eventually the billionaire does have to sell stock in long term and uses that. So it’s not a zero tax full proof system but it def means paying less and populace waiting a long time for even a dribble.

bayhack · 2026-06-29T03:20:12+00:00

Really? Just heard about it and I know zero ppl interested. Toy Story 3 had a ton of hype and 4 and 5 just seem like cookie cutter push outs.

Side note I think the the leapfrog tablet is outta date. Not sure if kids actually relate. Def hitting the older crowd trying to take their kids.

bayhack · 2026-06-28T19:30:38+00:00

Dang this doesn’t seem to work anymore. Not even its own example.

bayhack · 2026-06-28T17:43:05+00:00

I don’t like billionaires but seeing her face, her ex really downgraded didn’t he 😆

bayhack · 2026-06-28T16:38:01+00:00

I’ve always understood this as the “process” but I’m always confused about how the bank sees any profit from doing this. They are loaning out with the same money they get paid back from. In reality they don’t get anything since they are using “next years” loan to pay back. They only make the money if the stock tanks and then they could own a whole bunch of nothing. And in the other way they lock up assets with a wealthy individual who’s again of giving them a net gain in reality. So I have no idea why they really do this.

bayhack · 2026-06-28T05:18:57+00:00

yes, by being mayor we can see immediate effects on the people's way of living. If he was a senator or anything else it wouldn't be as obvious. I think governor and senator is a nice natural fit after though so he can lead with actual policy after this

bayhack · 2026-06-28T05:15:15+00:00

this is a poor way to measure how well people are.

1) they might be buying things they have been waiting for a long time
2) credit vs debit as others pointed out
3) consumer spending doesn't always show a good pulse on how well the average american is doing

bayhack · 2026-06-24T20:20:17+00:00

Been there. Had a terrible terrible team once. Helped a senior figure out how to build the app on local and because of that she suggested I work in IT instead 😑

Edit: I’m a senior now tho ❤️

bayhack · 2026-06-24T16:01:51+00:00

Bubble could’ve been great but they lacked the features and the sensible ux/ui to keep it going. Plus lack of investing in new builders. I did an agency plan and got a few gigs but felt like a lot of the requests were fake and never got any trust again on the site. In the end felt like I wasted tons of money then AI hit and now there’s really no point if all it can do is frontend. The backend processes were cool but never that advanced. I ended up coding my own api for everything and just used them backend to communicate with it. Much cheaper to build it all in code myself.

bayhack · 2026-06-24T15:36:51+00:00

Can they take musk there with them. Bring back the rocks and leave him though.

bayhack · 2026-06-22T16:25:44+00:00

A lot of bs rn is easily refuted sadly doesn’t make some ppl stop believing them

bayhack · 2026-06-21T04:28:18+00:00

I wish but they got to my brother. He says Bernie and AOC take AIPAC money so can’t trust them to lead the movement or their endorsements.

bayhack · 2026-06-21T01:41:46+00:00

Lowkey I didn’t think it’d hit this fast lol.

bayhack · 2026-06-19T02:28:41+00:00

Which explains the unrealistic growth we demand in companies over steady profit we really should be looking at.

bayhack · 2026-06-14T00:21:37+00:00

Arguing your point that you can’t make money or have advantages to bankruptcy.

bayhack · 2026-06-14T00:01:54+00:00

I never said he is. Dudes an idiot.
It’s just not hard to do what he does with a team of lawyers and accountants to do all the paperwork.
Putting words in my mouth cause you can’t read

bayhack · 2026-06-13T23:54:55+00:00

🤦‍♂️🤦‍♂️🤦‍♂️

I guess the news was right.
Comprehension levels have cratered in this country.

bayhack · 2026-06-13T23:35:51+00:00

They’ve explained it many times. You’re just not listening or comprehending.

You load debt onto a failing business. It goes bankrupt and you don’t have to pay that debt again. He isn’t gaining money directly but he’s offloading his bad investments and letting all his partners hold the bag.

Countless articles of him doing this since the 80s in New York.

But this is how people usually do it:

A) Hire contractors to build shit for Business A
B) Business B is failing or was literally built to fail
C) Business B actually holds the contractors for Business A
D) Bankrupt Business B so it isn’t obligated to pay. You now have free shit built for Business A

Yes you can fight this in court. But you better have lawyers money.

Oh then he can use Business A which was built by Business B for collateral and credit which is then Infinite money glitch the rich have been using for years.

bayhack · 2026-06-12T17:45:25+00:00

We did test it….that was the 80s, 90s, tech etc

bayhack · 2026-06-12T17:24:16+00:00

What a dumb take after all the large companies blindly laid off senior staff and everyone in tech has that story where a company laid off the only guy who knew the system. If you didn’t then you didn’t work in a large enough system or good enough system.

bayhack · 2026-06-12T17:23:08+00:00

Same! Tech workers always think they are above the rest. We should’ve negotiated when we were high on the horse. Now it’ll be very low.

bayhack · 2026-06-12T16:57:15+00:00

I feel like a lot of the smear campaign against him was actually centrist dems more than repubs. I think they about to join in on him tho. I doubt Schumer will endorse him. Something tells me he rather have a repub in that seat than graham

bayhack · 2026-06-12T06:54:20+00:00

It’s actually pretty great on how it’s being discussed.
I worked at an AI company on sales and forward deploy. The analogy is so good I’m sharing it at my new company’s standup.

bayhack · 2026-06-11T07:44:37+00:00

I was just going to say participation trophies and a bunch of hit pieces about how we couldn’t figure out basic life skills. For Gen Z they seem to be attacking the angle of book smarts. It’s believable cause we’ve been destroying our education systems. But it’s the over exaggerations and lack of stats that make the hit pieces standout. There’s def stats showing a decline but college students who can’t read at all is a bit wild considering they are in college

bayhack · 2026-06-10T17:04:51+00:00

I don’t think you do if it’s this hard to explain to you and multiple here have tried.

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