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Feel-Good Story of the Day: Trump Crony Peter Navarro Begins Serving Historic Prison Sentence

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Dangerman3/19/2024 11:37:30 am PDT

re: #37 Dr. Matt

FWIW

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Cuban is wrong
And admits tfg is broke. No net worth.
No liquidity
No borrowing power (read bad credit like the rest of us)
Can’t pay his upcoming obligations. That’s insolvency.
Doesnt matter if you don’t have the cash or can’t raise the cash timely (through operating revenue, sale of fixed assets, or borrowing)

If you have X billion dollars in assets
AND the same X billion amount in liabilities
You are not a billionaire. <<<——- thats a full stop