Reply to "The Guyana dilemma"

Former Member

ksazma posted:
Danyael posted:
ksazma posted:
Danyael posted:
The present Regime said the treasury was empty .....
How is this possible Stormy?
Why is that not possible? We have a billion dollar plus debt so the treasury is in real accounting terms is in the red to begin with.

How did they know that the treasury was empty even before they assessed the debt versus reserves?

If you check the consolidated fund and find it empty you are out of cash....that simple.

4/30/168:13 PM

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