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Re: News Ahead

xard777, Sat Jan 07, 2023 1:59 pm

The Feds are -$20.4Billion in the hole and it is only getting bigger.
https://www.federalreserve.gov/releases/h41/20230105/

It is not ethical or honest to tell people that everything is alright when your company is insolvent. Insolvency means that a company is unable to pay its debts as they come due, and relying sales in the far off future to pay off current debts is not a sustainable solution. It is important for a company to be transparent and honest about its financial situation, and to seek appropriate legal and financial guidance to address insolvency.
Xard777

One week later and the debt has increase by 2.1 Billion
Now -$22.5Billion in the hole and it is only going to get worse.
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