To: Toddsterpatriot
Enron stock for instance.
It was an asset, it is now worthless.
103 posted on
02/01/2006 11:15:29 AM PST by
x5452
To: x5452
107 posted on
02/01/2006 11:17:45 AM PST by
Toddsterpatriot
(Why are protectionists so bad at math?)
To: x5452
Enron stock for instance. It was an asset, it is now worthless.So it's not an asset and it's not on the ledger. Only possessions that do have value are listed as assets. We have $50trillion more in assets than we have in debt. That's good.
108 posted on
02/01/2006 11:20:03 AM PST by
expat_panama
(There's a million kinds of people-- them that understands numbers, and the rest of us.)
To: x5452
Enron stock for instance. It was an asset, it is now worthless.Wrong, again. It's getting to be a habit.
Last traded at 10 cents.
109 posted on
02/01/2006 11:20:46 AM PST by
Toddsterpatriot
(Why are protectionists so bad at math?)
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