Row 32243

Row ID: 32243 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 32243 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

This would not be the first time we had to make a separate transaction for something happening exclusively on the balance sheet - we already do it for depreciation for example. Accounting practices alone are not a strong reason to avoid such policies.

If Musk borrows against his TSLA position but then his company goes bankrupt the same thing happens as when you take out a mortgage and your house is destroyed uninsurable flooding. The bank claws what money of the loan you have left back and you get to deduct the portion of said loan that counted as income the same way as if he had made a normal payment on it.

FieldValue
text This would not be the first time we had to make a separate transaction for something happening exclusively on the balance sheet - we already do it for depreciation for example. Accounting practices alone are not a strong reason to avoid such policies. If Musk borrows against his TSLA position but then his company goes bankrupt the same thing happens as when you take out a mortgage and your house is destroyed uninsurable flooding. The bank claws what money of the loan you have left back and you …
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-21
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Raw Record

{
  "text": "This would not be the first time we had to make a separate transaction for something happening exclusively on the balance sheet - we already do it for depreciation for example. Accounting practices alone are not a strong reason to avoid such policies.\n\nIf Musk borrows against his TSLA position but then his company goes bankrupt the same thing happens as when you take out a mortgage and your house is destroyed uninsurable flooding. The bank claws what money of the loan you have left back and you get to deduct the portion of said loan that counted as income the same way as if he had made a normal payment on it.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-21",
  "username_encoded": "Z0FBQUFBQm5Lak1IcW03Ui1PNGViWFNma09KVDNjOXdFZjBEQ2N3ckw2ejNJYlczbmhDSEZ6OUpOMWlCbWcwWWctSldkbGVZODJ2X29VYjdrWmVrVzhtNjc1Z1RDV1lnUXc9PQ==",
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}
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