Oops.

Nevertheless, we will be eventually heavily rewarded from doing this.

But this I just want to show you some data here.

I know I've overdrawn this picture a little bit too much.

That's better than putting it in the bank.

The yield on the bond is 6 .

You're not a homeowner until you don't have debt.

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liquidate it.

It was 1.6 million in bearer bonds.

The Japanese nuclear power plants are old our nuclear power plants are about 26 year old on average.

Bonds together with some money was stolen.

The money was stolen along with the bonds.

There might be different debt holders who have different

I, uh, I was just going to say I've been cashing A lot of bonds lately, haven't I?

Do it anyway. Who's moving the bearer bonds?

Deleting sub to dos

Insufficient Rights

Interesting.

And that makes sense, right?

They said, wow, this is great.

Japan has been the biggest holder of the US government debt.

And to stop it crashing over the last two to three decades, we've expanded the money supply, expanded credit and debt, so that people can keep buying stuff.

Subways. Movie's come second.

Bonds, you become part lender to the company.

I said, who gets the money?

So what happens when you go into bankruptcy?

Attitude poor.

Performance poor.

What's with this gak?

So what's going to be the liabilities and equity?

You could do it with corporate debt.

And just to contrast this with bonds, because they are often used in the same phrasing, oh I'm going to go buy some stocks or bonds, or I deal with stocks and bonds.

So for example, if you by a well I'll just say a face value bond of, let's say it's a thousand dollars, and there's a thousand people who do that.

This is better than buying treasuries.

You can kind of view this as the liabilities of which debt is one of them.

Morningstar type.

They go to 0.

You ripped off his bearer bonds.

Maybe he buys his bonds back from us for 60 percent of their value.

Losers

Scoundrels.

The bankers stayed with their loan recipients.

Perhaps you will be so good as to do the same for his creditors in Meryton,