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Economy

Apple can hold more cash than the U.S. Treasury

HERE’S THE INTERESTING PART

If you ever feel broke, just remember a phone company has more fiscal stability than the so-called leader of the free world. Due to endless deficit spending, the US Treasury's operating cash frequently dips below the massive, dragon-like hoard of liquid reserves Apple keeps sitting in offshore bank accounts.

Apple can hold more cash than the U.S. Treasury
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