Well we learned what happens.

Whether people will continue to loan them money.

And so with patient capital from Acumen and other organizations,

Well, I'm sorry, Mrs. Thornton, but it is against bank policy to extend a loan for an exorcism.

What are you carrying?

I'm pulling out of his scheme.

And the corollary of more people willing to lend, is you that the actual standards go down.

But the banks are still pretty confident then, and they're like, no.

Papa went to the bank to ask for another loan.

And we'll go into this massive recession.

And today, less than five years in,

And so that cash ended up here.

loan to Bank F, it comes due.

It is generally true that if the money supply and the money supply is more than just the amount of dollars that are printed.

And then if we go to, let's say, 2003.

We're now moving into East Africa.

Let's just show an example of how the actual mortgage works.

And it's really time we start thinking more creatively about how they can be fused.

At the time, there was a microlending group in the village that gave her a 65 dollar loan.

97 percent of all the scheduled repayments came back to us on time.

It could be patents, it could be licenses.

Now, if you don't trust someone, you place restrictions on them, right?

And we could just say, that they have zero equity. and they have a million loan.

So once again, it's just a loan to someone else.

The bank accommodated the company with a loan.

One, two, three enterprises are put together to repay loans.

And that's the best they could do.

Let's see what happens when n is equal to 2.

So what is our payment amount?

So that's a very handsome return.

For example, there's more money put into baldness drugs than are put into malaria.

So the risk managers within the bank think they have a great deal.

Did you know that 40 percent of the wealth created in Africa is not invested here in Africa?

These people are so grateful to have their needs met more than 98 percent of them are following through with payments.

And to do that, let's get a little bit more abstract.

The reason being , I explain in a few seconds...

Ever since the meld,

The least important form of capital, in this project, is financial capital money.

So they would give this as collateral to the Fed.

And of course, everybody who had loans to Bank A, maybe

You might say, well that's a strange way of financing yourself.

And she wants the infrastructure it is nice with a paved road.

The standards for getting a loan went lower and lower.

Right?

His failure to do so was caused by a lack of adequate financing due to serious outside interference.