Why Bankruptcy Is Good
How could you have good cash flow for several years and even lead to bankruptcy?
An accounting problem: Looking status cash flow and income statement, your company is doing well in its cash flows, usually beyond their peers. But it may even go bankrupt. Why?
People often confuse cash flow with $ $ $ they can spend. Cash used to pay bills and benefits. When people spend their flows cash and forget they have to go shopping with her, you can create a financial disaster. Sometimes growing up too fast. They can not handle the sudden growth and are never able to catch up somehow.
Jim Rogers -Greece Bankruptcy Would Be Good for Euro, Greece, EVERYBODY!!!-Bloomberg March 8, 2010
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