Viewing profile — andysandwich

I know this is bad math but just as an estimation: Fed balance sheet increased about $2T, and Congress spent $2.2T so far with more to come. That's at least 20% of GDP ($20T). Opti…

Here's some historical analysis from Ray Dalio: https://www.principles.com/the-changing-world-order/

Article talks about how a Chrysler bankruptcy would have made remaining automakers more competitive, particularly vs Japanese brands. It should also mention that public would have …

Apple and Google are going to use bluetooth to track person-to-person contacts (https://news.ycombinator.com/item?id=22834959), but Foursquare, FB, and Google already have geofenci…

Delta and United were each able to raise over $2B in credit. They have plenty of airplanes and facilities to use as collateral. Coming out of 2019 United had about $29B equity (ass…

The airlines also have plenty of access to credit, collateralized by their airplanes. The loan portion of the bailout, from my understanding, is contingent upon them using up all t…

I'm not a financial expert, but there's a line in their 10-K's about how their loan agreements prevent them from paying dividends. I think that leaves buybacks as the only way of l…

Would people be as mad if the airlines had paid dividends (like utilities or many established non-growth companies)? I (not a financial expert) looked at their 10-Ks, and it looked…

We just celebrated one of my wife's friend's birthdays over groupchat.