NEW YORK (Reuters) – The United States Army’s funds are so jumbled it had to make trillions of dollars of improper accounting changes to create an illusion that its books are balanced.
Congress set a September 30, 2017 deadline for the department to be prepared to bear an audit. The Army accounting problems raise doubts about whether or not it can meet the deadline – a black mark for Defense, as every different federal company undergoes an audit yearly. The beautiful flight to security, away from different kinds of debt in addition to shares, might trigger serious harm to an already weakened economic system by making it dearer for businesses to finance their each day operations. Larry E. Swedroe In his revolutionary new guide, investment professional Larry Swedroe explains why lively managers have not often been in a position so as to add worth to your portfolio over time. He … Read more