Notices by Robert Watkins (twasink@aus.social)

@allenstenhaus @Melissabeartrix it used to be a much bigger risk. When USB drives were introduced, they - and the computers they were plugged into - were a lot slower. They had a much greater period of vulnerability as a result.

Modern ones are a lot smarter and faster. Much less likely to corrupt.

I have no sympathy for the banks. Leveraged buyouts are a cancer, and should never have been legalised.

The act of transferring debt from the buyer to the bought is an accounting trick used to make the rich richer. If Musk needed to borrow money to get the liquid capital to buy Twitter, that should have been his debt - not Twitter’s https://fortune.com/2024/08/20/elon-musk-tesla-twitter-leveraged-buyout-debt-banks-barclays/