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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.

@mcc maybe Elon should be renamed SpaceKari
@quicksite @atbeaune seems to be easier to navigate on the phone app vs on the web.
Movetodon: Finds your Twitter Friends on Mastodon

@voron thanks!!!
Is there an easy way to find your tweeps here on Mastodon?
@MattMcNeilShow How do I get that shirt LOL