TSX:TNT.UN - Post by User
Post by
CrazyTraderon May 01, 2023 12:15pm
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Post# 35422990
The "House of Cards" is mainly the "PAPER Shareholders"
The "House of Cards" is mainly the "PAPER Shareholders"that falls down and are wiped out. The TRUE assets continue on and are just transferred to new shareholders. Many companies continue on running through bankruptcy as if everything is as usual and even keep the same name after coming out of bankruptcy.
Transport trucks keep running down the road. Rent continues to be collected. Oil/Gas continues to be shipped.... it all keeps going. The "House of Cards" that falls down are the SHAREHOLDERS.
It's all about transfer of wealth and keeping most of the population under debt servitude.