Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 1.] By:David A. Smith Yesterday’s post on the grim realities of Spain’s economy, using a New York Times (December 17, 2012) article, organized the ways in which an insolvent entity that has run out of cash can try to avert complete collapse and presented the first three: stretch accounts [...]
[Continued from yesterday's Part 2 and the preceding Part 1.] By:David A. Smith In the two days so far, using a New York Times (December 17, 2012) article on Spain’s fiscal seizures, we’ve seen that even going bankrupt is no relief from the intractable problem of having no cash, and no money economy. [...]
By:David A. Smith In extreme starvation, a human body will in desperation consume itself, burning up muscle for food, a self-cannibalism that can happen to nations as well, as reported in this scary tale of economic collapse in the New York Times (December 17, 2012): Ana Maria Molina Cuevas, with her husband, who [...]
[Continued from yesterday's Part 1.] By:David A. Smith As we saw yesterday, using as source material a Wall Street Journal (October 9, 2012) article on an unexpectedly swift recovery from former partners of now-dissolving law firm Dewey & LeBeouf, for those facing trouble any landing is a good one if you can walk [...]
By:David A. Smith Any landing is a good one if you can walk away from it, say the pilots with gallows humor, and that spirit animated the bankruptcy partial settlement just realized for Dewey & LeBeouf, as reported in the Wall Street Journal (October 9, 2012): It’s all for science A judge [...]
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