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AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: damniseedemons who wrote (38458)2/6/1999 3:23:00 PM
From: KeepItSimple  Read Replies (1) of 164684
 
>current liabilities should be thought of as Assets.

are you smoking crack? I think I'll go gamble in las vegas and go into debt to the casino for 20 million dollars. Then get a loan from the bank based on my "assets" of 20 million bucks.

>And current assets are considered Liabilities.

And when I file my taxes, I will consider that 20 million bucks I now have from the bank to be a liability. I'll invest that "liability" in money market funds and earn tax-free 5% because my current earnings are "negative"

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