Does $MCD going bankrupt from this event pass your smell tests? It'll be trading for solid bankruptcy odds soon.
If not, really think through the possibility of a government bailout.
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Bear with me here, I don't do this often or at all. I don't know enough about their operations. They have an ungodly amount of debt for no reason How many of their franchisees/stores own the land their on? Does NOT look good for them.pic.twitter.com/ZTAV2JIBka
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There's a two way pull here. I bet a lot of this land is on the books for less than it's worth, but on the other hand, it will be very hard to monetize in this environment to pay down debt.pic.twitter.com/RjsYa9n5VW
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Yup.
End of conversation
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You have to look at the debt maturities and not the absolute number.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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