"The good news is, we're not bankrupt. The bad news is, we're close"

This quote by Richard J. Codey is a reminder that financial stability is a vulnerable thing. It implies that although the current monetary circumstance is not alarming, it is still precarious and might easily become worse. The quote suggests that the speaker is aware of the precariousness of the circumstance and is taking actions to guarantee that the situation does not become worse. It is a warning to be mindful of the monetary circumstance and to take steps to guarantee that it does not become worse. The quote also implies that the speaker is positive that the circumstance can be enhanced, but that it will take effort and vigilance to do so. The quote is a pointer that monetary stability is a vulnerable thing and that it is important to be familiar with the scenario and take steps to make sure that it does not worsen.