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Posts Tagged ‘bank failure’

A Liability for Every Asset

April 8th, 2013 by Kurt L. Smith

One of my strengths (and weaknesses) is that I was trained as an accountant.  Double entry accounting follows specific rules.  The rules of accounting, like other endeavors, do ebb and flow over time but Assets are always the sum of Liabilities and Equity. (more…)

NEWS FEED

The $247 trillion global debt bomb washingtonpost.com/opinions/the-2…