Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
For some time now, the Government of the United States has been effectively checking through their couch for loose change. Anything helps, even if the debt owed is a staggering $17 trillion.
Not only is the United States continuing to spend quite frivolously, sometimes they don’t know where the money is going. A thorough review of Uncle Sam’s accounting presents some scathing findings.
A few billion missing there, and a couple of trillion gone there. It all evens out, right?
Original graphic from: Masters in Accounting
3 Comments
figjam
Closer to $18 trillion now…and rising rapidly..DEFAULT coming up..or just print it away..either way your doomed..bankrupt.. insolvent..in the poor house…banana republic
Johnrolce
Those close to the US money tap can steal unpunished. And the worst thing is that nobody will even try (dare) to do any criminal investigation into the matter. Is this a democracy?
rayban
Good bad and ugly . It is all in there . National defense I got , sloppy I does not git . So , LOL , great story , gotta love you even if I hate it . THX .