Comments by "Robert Morgan" (@RobertMorgan) on "Jake Paul Drops MASSIVE TRUMP Endorsement, Says For The LOVE OF GOD Go Vote Trump NOW" video.
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The reverse of that is what took down Enron and the us economy by extension, mark to market accounting, where you get to have an idea, project it's potential profit, then just say that profit exists, so now we have the money on our balance sheet.
Hey, I have an idea, wow, this could make us 10 billion over 10 years....cool, now we have $10 billion dollars in revenue we can use as collateral for borrowing actual cash, repeat!
You can't pay people expected money lol. It's too abusable. That stock you own, WE think it's going to quadruple next year, so you now owe 400% more taxes on that
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