News for hackers. Stuff that matters.

A comment on U.S. retailers plan to stop paying rent to offset virus closures. Parent comment

Re:U.S. retailers plan to stop paying rent to offset virus c... by adt2bt on Tuesday March 24, 2020 @08:36PM (#22680723)
Aren’t they also freed from servicing their debts as well? Why does pausing the debt cycle affect them disproportionately?
[ Parent | on HN ]
Re:U.S. retailers plan to stop paying rent to offset virus c... by evandijk70 on Wednesday March 25, 2020 @04:25AM (#22682873)
A portion of their debts are to consumers, in checking and saving accounts. Consumers still need to buy food.
[ Parent | on HN ]
Re:U.S. retailers plan to stop paying rent to offset virus c... by wegs on Wednesday March 25, 2020 @06:33AM (#22683335)
There's a delay, not a stop. Banks can borrow at approximately 0% from the fed right now.
[ Parent | on HN ]