The SL 5/15 broadcast informed that wt was operating at a deficit -then- and disclosed that the money from the sale of one major property could only cover wt expenses for two weeks -then- besides the money from the sale of the other NY properties being used to finance Warwick. In 1/16 broadcast SL stated that contributions only increased 15 percent or less for 2 months. - Do the math!
So, SBF conclusions about wt financial crisis in his previous threads are not bombastic nor based upon SBF but are based upon the SL broadcast and looking at the cuts of wt products and services, downsizing, etc. seem to be evidence of the "crisis". WT has been cutting all non essential expenses and streamlining their operation. After all of these cuts, will contributions suffice at some bare bone point to fund the wt?
SBF, in other words, will the wt succeed in jettison all non essential expenses and stay financially afloat given the contributions. ( Of course, easy fix, everyone needs to contribute - but tha ain't happening even after Stephen Lett broadcast which should have flooded the contribution boxes.)
Also, how many people on this Forum would have realized wt financal state if not for SBF?