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Twitter just is a bad business – a money pit he’s now chained too. Yes, I know it’s to promote all his bullshit, but the White Paper Revolution Chinese Text Hong Kong Protest T-Shirt also I will do this debts are going to be incredible. It was already bleeding money and now its going to bleed a fuck ton of money. Their is also the China angle that Bezos pointed out. With his ties to China as regards Tesla, they now have a way to pressure him. Money won’t help him. Ask Jack Ma. Or maybe just yoink all his factories and tech if he doesn’t play nice. People don’t know about betting against their own successful stock, or how they finance 0%interest loans, or even loan out stocks to hedge funds for capital and seemingly overnight get those back
White Paper Revolution Chinese Text Hong Kong Protest T-Shirt, hoodie, tank top, sweater and long sleeve t-shirt
Because it’s not his money. It’s loans secured against his assets & twitter’s. This is how financing works, a fun game for the White Paper Revolution Chinese Text Hong Kong Protest T-Shirt also I will do this rich. Which is exactly the issue when people are like “all his money is in stocks! It’s not like he can just take it out at any time!”. Jeff Bezos could secure a billion dollars cash from Deutsche Bank tomorrow, no questions asked. Having his assets evaluated/appraised at values WAY above what they realistically would be, on purpose, to use as leverage in borrowing more money. It’s the same reason you don’t pay taxes on the money you borrow to buy a house that is secured against the house. Same with financing a car. The rest is borrowed, either from outside investors or from his stock in Tesla (which has gone down the toilet after the announcement). To me this kind of shows that the spirit of this twitter post is wrong. His wealth was largely in TSLA. When he used it as collateral, the stock tanked, hence his wealth wasn’t just a big pile of regular money. Securities backed lending, my friend. Wealthy people use this to borrow against their portfolio holdings at interest rates as low as 1-5% with no prepayment terms and pay interest only. Then, as dividend income is earned from their portfolio holdings, they use that income to pay down their loans against those securities. It’s not uncommon to see ultra high net worth portfolios earn millions in dividends a year. Those that don’t borrow against their securities will simply reinvest those dividend earnings into more securities or other alternative investments (or borrow against the same again to invest and the cycle continues). I think what is grossly overlooked here , is most people do not have enough money to comprehend this scenario. Having money to begin with is the advantage, regardless of loop holes, tax evasion,… I still owe state taxes just for existing. Edit: typo
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| Size | Length | Chest |
|---|---|---|
| S | 28in | 18in |
| M | 29in | 20in |
| L | 30in | 22in |
| XL | 31in | 24in |
| 2XL | 32in | 26in |
| 3XL | 33in | 28in |
| 4XL | 34in | 30in |
| 5XL | 35in | 32in |
| Size | Length | Chest |
|---|---|---|
| S | 25in | 16in |
| M | 26in | 17in |
| L | 26.5in | 18in |
| XL | 27in | 19.7in |
| 2XL | 27.9in | 21.6in |
| 3XL | 28.5in | 22.7in |
| Size | Length | Chest |
|---|---|---|
| S | 28in | 18in |
| M | 29in | 20in |
| L | 30in | 22in |
| XL | 31in | 24in |
| 2XL | 32in | 26in |
| 3XL | 33in | 28in |
| Size | Length | Chest | Sleeve |
|---|---|---|---|
| S | 26in | 20in | 33.5in |
| M | 27in | 22in | 34.5in |
| L | 28in | 24in | 35.5in |
| XL | 29in | 26in | 36.5in |
| 2XL | 30in | 28in | 37.5in |
| 3XL | 31in | 30in | 38.5in |
| 4XL | 32in | 32in | 38.5in |
| 3XL | 34in | 33in | 38.5in |
| Size | Length | Chest |
|---|---|---|
| S | 27in | 18in |
| M | 28in | 20in |
| L | 29in | 22in |
| XL | 30in | 24in |
| 2XL | 31in | 26in |
| Size | Length | Chest | Sleeve |
|---|---|---|---|
| S | 28in | 18in | 33.5in |
| M | 29in | 20in | 35in |
| L | 30in | 23in | 36.5in |
| XL | 31in | 24in | 38in |
| 2XL | 32in | 26in | 39.5in |
| 3XL | 33in | 28in | 39.5in |
| Size | Length | Chest | Sleeve |
|---|---|---|---|
| S | 27in | 20in | 34.5in |
| M | 28in | 22in | 35.5in |
| L | 29in | 24in | 36.5in |
| XL | 30in | 26in | 37.5in |
| 2XL | 31in | 28in | 38.5in |
| 3XL | 32in | 30in | 39in |
| 4XL | 33in | 32in | 39.5in |
| 5XL | 34in | 34in | 40in |
| Size | Youth Size | Length | Chest |
|---|---|---|---|
| S | 6-8 | 20.5in | 16in |
| M | 10-12 | 22in | 17in |
| L | 14-16 | 23.5in | 18in |
| XL | 18-20 | 25in | 19in |
| Size | Youth Size | Length | Chest |
|---|---|---|---|
| S | 6-8 | 21in | 17in |
| M | 10-12 | 22.5in | 18in |
| L | 14-16 | 24in | 19in |
| XL | 18-20 | 25.5in | 20in |
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