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Debt wouldn't be zeroed out if it was made on external markets, right?
by arodyginc 5y ago
Debt wouldn't be zeroed out if it was made on external markets, right?
- Scoundreller 5y agoThen there would be no impact. If you’re a company producing stuff and Zimbabwean dinars are worth 1/10th as much, you would charge 10x as much. If you’re a shell company with Zimbabwean dinar cash assets and external USD debt, you’re screwed but you’re also not a going concern.