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.)