Author "Mike Johnson" Page

Author Nick: MikeJohnson-2
Name: Mike Johnson
Site:


Author Articles List:

Sort by:

United States on Edge Of Insolvency? Apple Financials Show More Revenue Than The United States

The BBC has reported a shocking statistic pertaining to the liquidity of US treasury dept that’s sweeping the globe. Apple Inc which is responsible for the iPhone, iPad and laptops like the Macbook Air , has reported in their most recent financial report that their liquid operating capital is 76.4 billion while the United States Treasury reportedly is only sitting on 73.7 billion. With the nation avidly watching the national debate over raising the nations debt ceiling yet again, reports such as this are less than ideal.