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Originally posted by unityemissions
reply to post by Quest
Okay, I haven't taken any accounting courses, but I've got a little common-sense. If the financial investments are for long-term liabilities, well....what about the short-term liabilities?! Wouldn't they have precident over long-term liabilities? I'm just saying, there's a deficit RIGHT NOW, yet we're keeping BILLIONS to stay invested in case an emergency occurs. THIS IS THE EMERGENCY. What am I missing?
The investements came out from the tax-payers initially. Is this still happening? Are we still investing yearly out of tax-payer money, while needing to cover these deificits?
This guy in the video claimed to be an accountant for 14 years, I think. So, does he not have a clue, either? Or is he a hoaxer?