-- Leo's gemini proxy
-- Connecting to gemini.techrights.org:1965...
-- Connected
-- Sending request
-- Meta line: 20 text/gemini;lang=en-GB
Gemini version available ♊︎
Posted in Apple, Deception, Finance, Microsoft at 6:25 pm by Dr. Roy Schestowitz
In the bizarre world of Ponzi (Wall) Street, rich-by-obfuscation companies like GAFAM can even exceed in debt their real worth; TWTR (Twitter) was one example of it because it’s worse than worthless now. Here’s Facebook:
Image: FB debt again
No wonder Sandberg et al left.
So Facebook is in deeper debt than TWTR was in and it is running low on cash (Microsoft’s debt is similar to what it claims to have in the bank and Apple’s debt is twice as big as what it has at hand). Threads is also failing, just like Metaverse. Debt economy is an economy wherein borrowings are gradually becoming like a “currency” rather than positive cashflow (buying one’s own shares is just plain embezzlement).
Due to a name change some sites get confused, but it would be funny if the following was true too:
Image: fb-debt
Image: DB debt - closer Incorrect numbers
Summary: The financial state of GAFAM (Google, Facebook, Amazon, Apple, Microsoft) isn’t quite as the media makes it seem; there’s lots of debt in the mix and market valuations are faked, based upon speculations or “pump and dump” tactics, with “mergers and acquisitions” being a cover for passing debt around
“Microsoft, the world’s most valuable company, declared a profit of $4.5 billion in 1998; when the cost of options awarded that year, plus the change in the value of outstanding options, is deducted, the firm made a loss of $18 billion, according to Smithers.”
–The Economist, 1999
Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
Permalink > Image: Mail
Send this to a friend
----------
➮ Sharing is caring. Content is available under CC-BY-SA.
-- Response ended
-- Page fetched on Thu Jun 13 16:56:29 2024