Uh, hiding most of your collective debt off balance sheet sounds pretty serious. I'm no accountant, but I'm pretty sure that's not the spirit of generally accepted accounting, principles (GAAP), maybe a loophole, or worse?
"As Japanese financial newspaper Nikkei Asia found in a recent investigation, just five US tech giants — Alphabet, Microsoft, Amazon, Meta, and Oracle — are hiding an estimated $1.65 trillion in debt that doesn’t appear on balance sheets. futurism.com/artificial-i...