Apple’s Ca$h Re$erve Exceeds Fed Ca$h Re$erve!
Yes, apparently it’s true.
U.S. Treasury now has an operating cash balance of $73.8 billion. Apple has $76.2 billion.
So the world’s most valued technology company surpasses the fiscal resources of the world’s failing super power. This is truly an interesting time—when transglobal corporations are more powerful than the major governments of the world. Nationalism will probably continue to diminish… Continue reading