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GAFM Articles > > Accounting > Did we learn the lesson from Enron: Who will be next?
Did we learn the lesson from Enron: Who will be next?
After Enron, we discovered that the GFC Global Financial Crisis was bubbling around the world. With government waste and corruption worldwide, countries such as Greece, Spain, Italy, and others are effectively broke if they fail to pay all of the ongoing debts.
Without strategic debt management and a reduction in government waste, every country will have difficulty going forward. Without effective governments, no companies will innovate, produce, or garner profits so as to pay taxes.
By Prof. Dr. George Mentz - International Lawyer
07 December, 2006
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