You are an entrepreneurial head of a private company, but would you risk your loved ones wealth in resource-wealthy Democratic Republic of Congo? Would you stick your neck out to raise US$65 million to personal a licence and concessionary rights to reap 300,000 hectares of forest space of extremely subjective value in timber useful resource? Especially so, if the vendor purchased them for a paltry sum – an incredible disparity with the asking price and he now says the forestry asset is price greater than US$5 billion !
If you wait until the headlines say economic collapse, you are behind the ability curve. Everybody is going to panic when that occurs. If you are going to do one thing, do it now. When the headlines learn financial collapse, then, although you might need to dump the last of your dollars in trade for one thing real, you will not be panicking, since you’ll be prepared.
DebtLoan: We’re speaking about national deficits here of course, which is an entirely totally different matter than private debt, and whereas I recognise this is an advert, you probably did at least take the time and trouble to read the piece, which suggests you’re not a robotic, so I’ll let you stay. Not that people needs to be moving into debt, after all, and never that anyone could be studying this far down the web page searching for an advert about loans. Don’t even know why I’m replying to this, as you will by no means read it. What a wierd world this is. I should be bored.
In late 2007, GM’s financial state of affairs was so precarious that economists were ringing the alarm bells – warning of a potential collapse of the corporate. In 2008 those alarms grew to become emergency sirens. General Motors may no longer keep away from submitting for chapter, and it was doubtful that it might be a Chapter 11, or even a chapter thirteen filing that may allow General Motors to reorganize and re-emerge as a brand new company – it will be a Chapter 7 filing – full firm liquidation; GM would perish as only one more failed company.
Each buyer was required to pay $1,000 up front for the correct to be first purchaser in their area. Sound complicated? It requires further explaining, but to be clear, the $1k was on no account a purchase order order. Further, the base model value of $35k was not exchanged. This means fiscal 12 months 2016 will immediately replicate $1k multiplied by +276 orders, granting Tesla thousands and thousands of gross sales revenue not billions.