alt Hacker NewsExactly. As distasteful as it is to put it in these terms, some slaveholders had massive "balance sheets" consisting of thousands of human "assets". Outlawing slavery meant reducing the value of these assets to zero.
Exactly. As distasteful as it is to put it in these terms, some slaveholders had massive "balance sheets" consisting of thousands of human "assets". Outlawing slavery meant reducing the value of these assets to zero.
Which is identical to all the balance sheets today will oil and gas infrastructure and the billions dumped into ICE R&D they were hoping to amortize over the next 30 years.
They’ll fight tooth and nail