Ann: Zip Leadership Update, page-205

DYOR but Zip is working with a large revenue base, so a small negative shift in the margins or bad debts could bring down the whole thing imo!

imagine the future not so hard i'm guessing using simple logic apple leaves them with a growing number of bad debt customers towards end of 2023. And Abra kadabra, Apple is just one of the big issues @Tekvest of course everyone should imo run to a professional and ask them for advice I am just a fool who told you the gfc is coming a few days before Michael burry did (read it reason why im out it's all going to CRASH imo.) A likely civil war in 2024 that will disrupt the USA before the US elections for a few months doubt anyone will be thinking about paying their bnpl bill it could be more about can I max this out to survive Biden vs trump. Hey maybe it would be a smarter safer and even more profitable investment to cut losses and invest in a gold producer or bitcoin.

Also I was wondering what would happen (if) zip did go bankrupt? To all the customers who have deposits with them in zip savings accounts? Are these protected if the company went under would these depositors be protected?