[Teamon incident, how will it end?]

[Teamon incident, how will it end?]

There are many reasons for this situation, but it is said that the dangerous business method that has been dragging on for nearly a decade has been slightly oiled and has no choice but to burn. It's new, but I don't think it's meaningful to mention more because I know all the causes, and the key is how this will be sorted out.

1. Going to a Corporate Revival: The Beginning of a Long and Tough Period

The unusual movement of some consumers and debtors may lead to corporate rehabilitation.
However, in the event of rehabilitation, debt restructuring will definitely proceed and it will take a huge amount of time, so there is a high possibility that a number of companies will collapse in the meantime.

2. Does that mean you're capable of repaying your debt

Then there's a way to pay off the debt by putting some of the affiliates' shares or a few companies together, but as you can see from the situation that's going on, no one knows how much they need to prevent this from happening, only within the company "estimating" the exact amount.

And when the company falls into crisis and defaults, most of the shares go to waste, and there is a high possibility that not only commercial liabilities but also other joint guarantee liabilities will be repaid, making it difficult to organize systematically. In order to sell a few and go in a beautifully organized order, the preliminary work should have already been completed months ago, but I don't think it's easy to go to this scenario.

3. A situation where someone needs to provide a large amount of funding: who will do it

The easiest way is to put out a temporary liquidity fire with someone giving you a large amount of funding, but there's no one who has to do it or has to do it. I don't know if it's on a scale where the founder can rob his or her personal assets to stop it, but it's very likely that there's a lot of joint guarantees in the case of bank debt that isn't a commercial debt anyway. So you could be held accountable for that, but it's too big for someone to come up with the money to solve the whole situation. It's going to work out if it's only 100 billion won, but looking at the atmosphere, I don't think it's going to work out.

4. Conclusion: There is no escaping mayhem.

Eventually, if the government does not come forward and organize something, the damage to consumers and small businesses will snowball, and as everyone expects, the damage may be transferred to financial institutions. Therefore, for early evolution, it seems that whatever measures are used should be quickly sorted out.

The worst-case scenario I was drawing during the bubble burst after the bubble ended, making it worse.