“Take the 150 billion off the 2 trillion in government debt… reduce debt by about 12% and save 8 billion a year”
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Said on Straight Talk with Mark Bouris
“They're overfunded by about $60 billion ... realized return of about 9% a year, they're overfunded by about $110 billion ... Future Fund can play a very valuable role as a fiscal shock absorber”
Complexity Premia · Episode 80: The Great Credit Squeeze: Higher Yields, Falling House Prices, and Recession Risk
Play from 27:17
27:17
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What was described
highlight that the fund is over-funded by $100 billion and could be used to repay government debt
$60 billion (target-return overfunding), $110 billion (realized-return overfunding), $100 billion (approx. total overfunding)
Said nearby on the same subject
“Thomas Bravo led the buy-up. The purchase price was $10.4 billion… debt level is relatively low at $2.5 billion… 24% of the deal was funded with debt.”
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Said on The Real Eisman Playbook
“I wouldn't use the funds to buy investment properties. I'd be using the funds to reduce my owner-occupied debt and then leveraging to buy investment properties.”
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Said on this is property
“Thomas Bravo led the deal. The purchase price was $12.3 billion… financed with $4.6 billion in the syndicated first lien loan… 37% of the purchase price was funded with debt.”
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Said on The Real Eisman Playbook
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