2026-09-24 20:44 UTC
@davidgerard@circumstances.run Declaring Force Majeure for withholding payments this early is massive on a construction project. All of the sudden, EVERYONE is going to pull back on delivering and doing everything for fear of being out of pocket, or they damned well should if they’re smart.
Replies (1)
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@LabSpokane@mas.to 2026-09-24 20:53
@davidgerard@circumstances.run Welp, the project appears to be broke. Banks put in $18B already, but can’t sell the debt, leaving ol’ Larry searching the couch cushions for $282B. https://www.ft.com/content/bd441859-6c94-4874-894f-9362c1703127?syn-25a6b1a6=1