Countries don't go out of business....The infrastructure doesn't go away, the productivity of the people doesn't go away, the natural resources donโt go away. And so their assets always exceed their liabilities, which is the technical reason for bankruptcy. And that's very different from a company.
Walter WristonIt is a maxim of cryptology that what one man can devise, another can unravel. This principle keeps armies of tax lawyers and accountants employed, but adds nothing to our national productivity.
Walter WristonAs long as capital-both human and money-can move toward opportunity, trade will not balance.
Walter Wriston