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Re: Zardiw post# 150365

Monday, 12/26/2011 5:02:54 PM

Monday, December 26, 2011 5:02:54 PM

Post# of 312016
This "asset" isn't on JBI's books anymore. How can they sell an asset they don't have?

Seems to me that if you don't have to pay for something because you have a credit....well, that's value isn't it........Think of it as a Gift Card for Wally World........now is that an asset or not? And if you can sell something does that make it an asset? I say it is and yes respectively.......From the Book. Defining Value in the Modern World....Chapter 2.........