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Post by SIMCO CAPITAL PARTNERS on May 8, 2020 16:05:17 GMT
Crazyplace, some good thoughts there. I like the analogy to a tax. Yes tax the net profits, and not the total amount of cash being lent out in bonds
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Post by SIMCO CAPITAL PARTNERS on May 10, 2020 20:18:35 GMT
Think the conversation here has lost track of what Carbonfiberworld is suggesting. Let is fix this before is goes further. This isn't about the current state of the bonds. Maybe that is why many of you are talking about the amount of bonds and the % rates should be higher to sell (this is because of the recession -- by the way). The issue Carbonfiberworld has with bonds is after a certain point you cannot make money owning other people's bonds because of accounting fees. I think I figured it out one time with Executives would have a max lift on accounting fees of $27 million to $32 million (someone should check my math). This is in a perfect world. After this point is when you shouldn't buy bonds at all even if they are 2%. Because the accounting fees would start costing you more than the interest yield payments. In essence there are no "BANKS" in this game after a certain point. This is what Carbonfiberworld's argument is about. The only solutions to making "Banks" in this game is number 1 and 2 in my opinion. Three is not going to happen because this punishes new players and has been discussed at length in the past. Thanks for your input! I will try this
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