by Summary:
It’s the good oooolld “govt as business!” art degree analogy by this person who I guarantee does not even know what Basis of Accounting the US govt uses…. GUARANTEED… lock it…Would you invest in this business?Total debt: trillionAssets: .8 trillionAnnual revenue: .9 trillionAnnual Income: .4 trillion LossThis is the US Government.— Genevieve Roch-Decter, CFA (@GRDecter) January 19, 2023
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It’s the good oooolld “govt as business!” art degree analogy by this person who I guarantee does not even know what Basis of Accounting the US govt uses…. GUARANTEED… lock it…Would you invest in this business?Total debt: trillionAssets: .8 trillionAnnual revenue: .9 trillionAnnual Income: .4 trillion LossThis is the US Government.— Genevieve Roch-Decter, CFA (@GRDecter) January 19, 2023
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it
Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister
New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice
Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.
It’s the good oooolld “govt as business!” art degree analogy by this person who I guarantee does not even know what Basis of Accounting the US govt uses…. GUARANTEED… lock it…
Would you invest in this business?
Total debt: $31 trillion
Assets: $4.8 trillion
Annual revenue: $4.9 trillion
Annual Income: $1.4 trillion Loss
This is the US Government.
— Genevieve Roch-Decter, CFA (@GRDecter) January 19, 2023