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
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Mike Norman considers the following as important:
This could be interesting, too:
Stavros Mavroudeas writes Το ψηφοδέλτιο της ΑΝΤΑΡΣΥΑ-Ανατρεπτική Συνεργασία στις ευρωεκλογές
Editor writes Real-world economists take note!
Angry Bear writes Inflation Is Hurting the Fast Food Giants
Mike Norman writes Cleveland Fed for May
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