Writing off Big 3 debt

If the 3 go BK, what is the effect of writing off 500+ billion of debt on their books? I need to build myself a mud hut up in the hills. We’re going to be using spices and salts for currency before we’re through.

Nice. I’ll trade you my box of hamburger helper for a jar of cumin.

purealpha Wrote: ------------------------------------------------------- > Nice. I’ll trade you my box of hamburger helper > for a jar of cumin. Dude, i’d seriously reconsider my choice of words…