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Why Financial Statements Don’t Work for Digital Companies

Harvard Business

On February 13, 2018, the New York Times reported that Uber is planning an IPO. This becomes clear when you look at a company’s two most important financial statements: the balance sheet and the income statement. Let’s first look at the balance sheet. steven moore for hbr.

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ECB's Targeted Lending Spree Starts Out As Flop; Modern Monetary Insanity

MishTalk

The European Central Bank’s first offer of cheap four-year loans has fallen short of expectations, dealing a blow to president Mario Draghi’s hope of sustaining the eurozone’s ailing economy by expanding the central bank’s balance sheet. per cent until late 2018 so long as they meet targets for lending to businesses.

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Political Greenwashing: US Exports Coal Pollution to Europe; What About China?

MishTalk

Soon, all of Germany’s coal-fired power plants will be dependent on imports, with the country expected to halt coal mining in 2018 when government subsidies end. That’s because it shifts some pollution — and the burden for cleaning it — onto another other country’s balance sheet. increasingly has helped supply.

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Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

I have summarized how the new Coronavirus Aid, Relief, and Economic Security (CARES) Act applies to self-employed management consultants, whether you’re a single-person entity (sole proprietor, LLC or S-Corp) or if you’re a small business with employees or subcontractors. See line 8b on your federal 1040 tax return.)

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

It is not a balance sheet test, but a cash flow test. That’s more than the state’s total projected general-fund spending in fiscal years 2016, 2017 and 2018 – combined. Mike "Mish" Shedlock [link] Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management.

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The Cantillon Effect

Tom Spencer

In 2020, the Fed has galloped over the precipice, increasing its balance sheet by around $2.8 Not wanting to let a good protest go to waste, activists also managed to focus the energy of the crowds on attacking historical monuments , churches , and courthouses. This inadvertently fuels asset bubbles and financial instability.

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