Birdwatch Archive

Birdwatch Note Rating

2024-11-05 20:55:18 UTC - NOT_HELPFUL

Rated by Participant: BC3C759BA9E34608DCBAF3CB5118968233E4F83C43377EA292854947DDA6132B
Participant Details

Original Note:

Bankruptcy is for when you don't have enough cash or equivalents to service debt. Having more debt than cash is the norm for most people. The usual test for solvency is whether you have more *assets* than debt, not cash. Keeping money in cash is a bad investment. https://www.law.cornell.edu/wex/insolvency

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All Information

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