Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Have you ever tried to calculate the assets the "government". In on respect the government books are much more conservative than corporations. We do not amortize capex, we expense these as they come. If absolutely necessary, the "government" could sell few airports, maybe few thousands miles of interstate highways and cover its deficit. I doubt that such a default is in the cards, that is why most of the world likes the dollar.