So, that was the case where the stock is trading at 3.00 per share.

And we have these 4 billion of CDOs.

Because it's 10 . 100 million in payments.

Well, its assets are let's see one plus 21, 25, 26 billion in assets and its liabilities are 23 billion.

The trade balance registered a surplus of 76 billion, with exports reaching 314 billion and imports 238 billion.

ES

I think it's times 100 or something like that.

California will spend over 100 billion,

So they sell them and they only get 1 billion for them.

This is OPEC's revenue, this green box here 780 billion a year.

In 1990, exports from China to the United States

So the total assets were 5 billion in assets.

So in this situation what we did is we raised out of the 1 billion we needed 400 million from the senior tranche, 300 million from the mezzanine tranche, and then 300 million from the equity tranche.

The company earned 300 million on sales of 4,000 million.

The Japanese government were perhaps the first, when they decided to invest first 3 billion,

So if you write out 1.8 billion, then you're going to have minus 800 million of equity.

So what the bank does is it takes all these loans together, that 1 billion in loans, and it says, hey, investment bank so that's another bank why don't you give me 1 billion?

And we have 5 billion in assets, 4 billion of

Now no matter what, this company cannot go bankrupt.

CA So the numbers you presented really are astonishing.

Microsoft, 38,

PUMA has 2.7 billion dollars of turnover, 300 million dollars of profits, 200 million dollars after tax, 94 million dollars of externalities, cost to business.

Now the the value of our share after the investment, and you can kind of call this the post money valuation or book value, is 5 billion. 8 billion minus 3 billion.

Right?

And we said there are a million of these securities, so 1,000 times 1 million, that's where the 1 billion comes from.

If you had 5 billion in assets, you liquidate them, got 5 billion, you paid off your 3 billion in loans, you'd be left with 2 billion.

So this is this 3 billion of equity divided by the number of shares.

Vaccines were promised to developing countries.

The third year, the total was up to around 40.

Let me pause here to point out to you all that 24 billion dollars of our money has been spent on this.

So the assets, we had 1 billion in cash.

What is the new book value of the shares?

Let's say these are actually worth zero and the government pays 2 billion for it.

We had 1 billion before, so now we had 4 billion.

So what are our total assets? 4 billion plus 4 billion, it's 8 billion of assets.

That's an eyelash under a trillion dollars.

So how much money did we just spend on all of that?

Likewise, people are also saying, but what about the Iraq war?

I'm gonna go for the 300 million.

So let's see, the book value per share is what?

So if this is worth zero, then I actually have negative equity.

So let's see what that turns out to be. we have 350,000 jobs from 189 billion.

Right?

Something that was worth 2 billion is now worth 200 million.

So now what does the balance sheet look like?