Microsoft's Debt Grew by Over $5,500,000,000 This Past Quarter (3 Months) and of Course the Microsoft-Sponsored Media Did Not Tell You That
Not hard to see why Microsoft's Chief Marketing Officer (CMO) has left, as did many others
THE interest rate on debt is very high at the moment. It varies over time and depends on bank, lender, state, term length etc. What the Federal Reserve or Bank of England say is not universal. If in some banks in England savers receive 5.6% per annum, how much will borrowers pay? 7%? More? The era of "cheap money" (to borrow at low interest rates) is over and maybe it'll come back, maybe not...
A company like Twitter, if it has over 13 billion dollars in debt, may have to pay $600,000,000+ per year just on interest, not even counting towards the debt being paid back! In Microsoft's case, despite laying off tens of thousands of workers, there's a sinking feeling, a fall to debt, massive decreases in pay, and even the chief liar (CMO) has just left the company (Microsoft operatives "shape the narrative", leveraging familiar euphemisms like "reorg" again).
As for Microsoft's debt? it's now highest since the pandemic's lockdown began in March 2020. See below, too. The media won't even talk about this. █