Apple has more money than the whole US government!

[experience]

Apple has more cash than the U.S. Treasury - latimes.com



As the government struggled to reach an agreement on raising the debt ceiling, the U.S. Treasury's cash balance fell to $74 billion this week. That's less than the $76 billion that Apple now has in cash.

 

[raman_286]

Its time that US starts re-thinking its foreign policy.......Wars have left US with nothing in its treasures.....Hopefully americans will now understand the value of peace....

 

[dovahkiin]

Apple Does Not Have More Cash Than The US Gov't; Stop Saying That It Does | Techdirt

 

[experience]

Apple Does Not Have More Cash Than The US Gov't; Stop Saying That It Does | Techdirt

:Boy Money:

 

[MonsterBallsofDoom]

Its time that US starts re-thinking its foreign policy.......Wars have left US with nothing in its treasures.....Hopefully americans will now understand the value of peace....
you really think the US went to war with these countries without thinking about all the money that can be made from attacking these countires ?......US govt has plenty of money and even more natural resources now , its just that the USA is a saturated market for most products and hence not many new jobs opening up .

 

[raman_286]

Apple Does Not Have More Cash Than The US Gov't; Stop Saying That It Does | Techdirt


The article presented on this link says.."The US government can print cash. It does not run out of cash." What I know, nations can print and circulate currency against the gold reserves they have. Even the Rs.10 note says "I promise to pay the bearer Rs.10". So the US govt cannot print as much cash as it wants. Its still limited.



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you really think the US went to war with these countries without thinking about all the money that can be made from attacking these countires ?......US govt has plenty of money and even more natural resources now , its just that the USA is a saturated market for most products and hence not many new jobs opening up .

How much money did USA make in Afghanistan...?

 

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[dovahkiin]

The article presented on this link says.."The US government can print cash. It does not run out of cash." What I know, nations can print and circulate currency against the gold reserves they have. Even the Rs.10 note says "I promise to pay the bearer Rs.10". So the US govt cannot print as much cash as it wants. Its still limited.



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well that is the whole **** up , the federal govt can print as money as it feels like without any sureties , the whole point of raising the debt ceiling was this but in the end they have to pay back with interest too one way or another u.s.a is running out of options, they have to realize they cannot just keep printing money.

 

[Sushubh]

China is going to f them hard someday

 

[dovahkiin]

the only thing holding states together is is that usd is still the reverse currency of the world, the day it is knocked off from that position there is going to be a massive crash , the likes of which have not been seen yet, china, some countries in middle east and india too are working on this, it is not far when theses countries start trading in their own currency rather in usd, when that happens it's all down hill for states.

 

[Sai]

China is going to f them hard someday

India also. If our politicians stop eating money.

 

[Deleted member 13033]

indian politians have more money in their swiss account I think 😀