On today’s show we are talking about off-balance sheet financing. Increasingly, borrowers are seeking ways to hide their liabilities so as to appear financially stronger than they are in reality.
This represents a growing risk to the economy and financial as our debt laden world sinks deeper into the abyss of rising interest rates.
Let’s start with whether a liability needs to be disclosed on the balance sheet in the company financials or not. If not, why not?
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Host: Victor Menasce
email: podcast@victorjm.com
