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

You're still solvent.

I've been in Afghanistan for 21 years.

And by the time I'd moved on,

And we came up with this idea of issuing bonds, press freedom bonds.

They serviced the loans.

Have a surplus? Take two tax cuts, roll back some regulations and call us in the morning.

Helps bring it down.

A common way to finance a budget deficit is to issue bonds.

So that's bankruptcy.

You go get bankruptcy protection.

And we still got to pay for it.

It allows let's say this group of borrowers let's say this pool of borrowers right here actually didn't

We would create incentives for securitization.

It can do it through debt or equity.

I have 4 billion in residential CDOs, collateralized debt obligations.

Over the next few years big decisions will be made in Washington on jobs, the economy, taxes and deficits, energy, education, war and peace.

Payable to the City of San Francisco.

My next presentation, I'm going to take it to a further

So it buys, it buys debt.

What is your strategy in your household?

You have 189,000 as the value of this equity.

Now let's say it gets even worse.

It's exciting, but we went over our finances and...

If my background weren't already black, I would make that in black.

External debt something that I can tell you a long story about because I personally worked on one of the biggest debts on the continent has come down dramatically.

The proceeds from the bond issue will be used to finance the budget deficit.

The business is in the red.

So what are you going to do Nicole?

Just how deep in the red am I?

This guy, he does have interest.

You can sell shares.

Well everyone knows that it's not going to be exactly 10 .

I think I had called it Loan C.

And so when the Federal Reserve or any Central Bank prints money, and it buys debt, it goes out into debt markets and it buys it, it usually buys the safest kind of debt, but that affects all of the debt markets, it goes out and buys in the debt market, they're essentially shifting the supply curve of money to the right, they shift the supply curve to the right.

They would actually owe this extra 1 million.

Answer is 26 percent.

I can no longer fulfill my obligations.

So I really do have a positive equity of 11,000.

So we still have the same amount of debt.

So, each of these is an investor.

What are my liabilities?

DONATE YOUR BLOOD TO THE RED CROSS

These are the people who first lose money.

That man borrows money from many lenders.