Saturday, July 14, 2018 1:22:45 PM
According to the US Federal Reserve "Money is the evidence of some one else's debt".
The US Treasury debt is something like 20 Trillion dollars now, yet the fiat USA paper currency (US Treasury Notes) backed by US Treasury debt is worth as much now as it ever was. It is called "too big to fail"
The tax losses on the books are easily worth a million dollars.
I have seen companies like IFUS with so much debt, the debt (money) holders could not and would not let the company fail.
IFUS has a huge good will value, but I wish the debt collectors good luck seizing that ASSet, LOL.
IFUS also has awesome products in high demand that can go into production in minutes, with a phone call.
All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
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