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

To: Elroy who wrote (216831)	2/2/2005 10:01:53 PM
From: RetiredNow	Respond to of 1571911

Insolvency means liabilities exceed assets. Any finance guy will tell you that. Insolvent companies are sometimes called the walking dead. They keep on going burning endless amounts of cash, as long as people are willing to lend them money or invest more cash for watered stock. Some of these walking dead restructure and make it back to positive cashflow. Most do not. Social security is just fine right now. By 2018, it will be cash flow negative. By 2042, it will be insolvent...the walking dead. Luckily, our government can run deficits to cover cash flow shorfalls in promised benefits. However, I would prefer we fix SS once and for all, so that SS never becomes the walking dead and a burden to our future generation.