this post was submitted on 08 Jul 2026
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[–] Pacattack57@lemmy.world 14 points 1 week ago (2 children)

I’m sure there’s a term for it but this is like when a company keeps securing funding from investors so they keep growing to try to outpace costs with the illusion that you’re profitable when in reality you’re not. Just like WeWork.

[–] EpeeGnome@feddit.online 13 points 1 week ago

It's just a Ponzi scheme with extra steps.

[–] darvit@lemmy.darvit.nl 10 points 1 week ago (1 children)
[–] MasterBlaster@lemmy.world 5 points 1 week ago (1 children)

Private credit. Get ready for the tsunami.

[–] darvit@lemmy.darvit.nl 1 points 1 week ago

Everyone is pulling out of private credit, a non-liquid market (by design); surely nothing can go wrong..