Why are we broke?

Friday, 24 December 2021 00:46 -     - {{hitsCtrl.values.hits}}

Much like a person, when a country is ‘broke’, some self-reflection can help:

  • What did you do with all that ‘easy’ credit – when you were on a ‘high’? Spent on Opex or Capex?
  • If Capex: Are you sweating those assets? (Assuming they are still assets!)
  • Now that creditors are at your door, which assets will you dispose? Or will you look for new creditors to settle the old?
  • What is your realistic cash flow plan for the next three to five years? Is your ‘lifestyle’ and ego aligned to this?



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