The Truth About An IMF Bailout

If we look at the facts, we can (for now) ignore the doomsayers and focus on growing the economy.

- Simon Brown

In the 15 August edition, I wrote about bankers intervening to save a company, and, of course, the money they’ve lent and future fees. But before bankers arrive, a company will try and trade its way out of financial trouble. They’ll have a sale, pay suppliers a little later and insist on cash from people they’re supplying. All of this may improve cash flow and save the day.