profit and loss analysis template The international monetary fund has strongly defended its gloomy forecast of the UK after brexit, saying a warning of a slowdown in growth is imminent. On December 15th, just a day after the listing, Longfin announced that it was buying Ziddu.com, a singapore-based blockchain, with the shares of Longfin soaring in the face of a digital currency frenzy recently represented by bitcoin. On Wednesday, the U.S. house of representatives passed a revised republican tax reform bill. U.S. President Donald trump has called the tax reform a historic victory, and lower regulation would be good for the economy. The tax reform bill is the largest U.S. tax reform in three decades and the first comprehensive tax reform. In 1946, the famous British economist J.R. hicks, in value and capital, developed the concept of income into a general concept of economic gain. He argues that the real purpose of computing revenues is to make people aware of the amount of money they can spend without making them poorer. Accordingly, he gave a generally accepted definition of "the maximum amount of consumption that a person can spend at the end of the term, at the same level of prosperity". Hicks's definition, though primarily for personal gain, applies to businesses as well. In the case of the enterprise, according to this definition, the enterprise income can be understood as the maximum amount that can be allocated in the enterprise cost accounting period under the same amount of capital at the end of the term and the beginning of the period. When Bob Corker, the conservative republican chairman of the senate foreign relations committee, publicly warned that Mr Trump might launch a third world war, you should worry that it was time. If you don't believe it, consider the recent history of Russia or Turkey. Or the history of the Romanempire under Caligula or Nero. For centuries, Pluto's populism has turned democracy into an authoritarian state. There is no reason to think they will stop now. The rule of the trump emperor may be coming.