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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (216721)	2/1/2005 10:47:43 AM
From: Taro	Respond to of 1572033

It all comes down to liquidity and showing that and that only to the world. Same story with your banks, losing money is not a big deal as long as your liquidity is fine. Much better than being profitable but out of cash... Taro

To: Elroy who wrote (216721)	2/1/2005 12:20:55 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1572033

Elroy, Well, silly, if it can rob Peter to pay Paul, then it can service its debt, and thus isn't bankrupt. That's in line with my definition. In that case, our federal debt has no implications whatsoever, since we can simply print more money (i.e. allow inflation to soar) to reduce that debt. Meanwhile, once people figure out the myth of the SS "trust fund," they'll realize that the critical "inflection point" will happen around 2018, the time SS runs a deficit, not 2050 when the "trust fund" supposedly runs out (i.e. all of the IOUs converted to debt held by external stakeholders). Tenchusatsu