I copied something from an Accounts text book.
Assets = Capital + Liabilities.
Sometimes, when I read of the companies going under, I feel somehow
somewhere, something has gone wrong.
Maybe the text-book definitions don't apply....
Or maybe the person in charge could not keep this definition in mind....
Or maybe because it is money, the borderlines were not clear...
Or maybe the paperwork is being done under a different system....
In the money markets, things change in the blinking of an eye-lid.
What was profitable a few seconds ago has become a loss,
prices change direction that quickly!
But the truth remains :
where there is a loser,
somewhere else is a winner
Money has just moved from here to there.
Who was rich suddenly becomes impoverished,
who was lacking in means suddenly looks like a king.
Money moves everything, through time and space.