11 Followers
112 Following
11 Posts
Mortgage Maniac • EventPlanner • WorldTraveler • Molecular Biologist • Mixologist • Foodie • Marathoner • CitySnob • Texan • Aggie • Washingtonian • Houstonian

Follow the money.

Twitter borrowed $13 billion as part of the $44 billion purchase price.

Annual interest payments are estimated at $1.2 billion. That is more money than Twitter earned in 2021.

When Federal Reserve raises interest rates, the yield on the loans rises.

Guess what the Fed did this week? Raised interest rates.

Twitter is in serious trouble, and I won't be surprised when they go bankrupt.

Is there an easy way to find your tweeps here on Mastodon?