• dhork@lemmy.world
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    13 hours ago

    Exactly. My terminology might not be correct, but my point is that their books can be perfectly balanced, and they can also be losing a shit-ton of money, as long as investors keep shoveling money in.

    • uninvitedguest@piefed.ca
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      12 hours ago

      Yeah the terminology

      the books are balanced, there are just more debits than credits

      is the opposite of everything discussed above.