So its assets.

And what happens in bankruptcy?

That assets, A for assets, is equal to

What we have is one thing and what we are is quite another.

But that's not the case.

It will stop because of the end of trade resources.

Malibu Equity and Investments.

We've transferred all his savings over to you.

I don't want to draw this box.

And rich, eh?

I'll do that in yellow.

The rights on those payments that's the asset.

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

I'm worth 11,000.

The year goes by, and then even after paying Pete the 1 , so we had 500 of assets under management this whole assets under management a year later goes to,

Moving all deposits to one secure location, not a bank.

Obviously , a machine you can't do all of those things to it, but you can at least touch it and possibly smell and taste it.

liabilities plus equity.

I feel secure when I invest in stocks but not bonds.

Six months later the newspaper was closed.

Well there are, in a few suburbs.

And what I wrote here is, it has 4 billion of liabilities.

I know this gets a little confusing, but it all ends up being valuing the assets as you emerge from bankruptcy.

He is a man of wealth.

He's a wealthy man.

Or across the street from each other.

So the total assets were 5 billion in assets.

You'd have to give up 93 of your net worth.

Clear. We're clear!

In a world without leverage so if I didn't have all this

So this is just another visual representation that

It doesn't sound like we borrowed money or anything.

Remember liabilities plus equities are equal to assets.

When King Henry of England died, he had 18,000 things in his house, but that was the entire wealth of England.

Everything is going to be erased.

Do not forget that fascism, communism, capitalism or other isms are all monetary systems.

We understand you're using the full allocation for this buy.

Each share in this case once again, if you believe that the assets are worth 1 million are going to be 1 million.

But let's say its assets are worth 1 million.

All of the assets needed to start the firm, the pizzeria.

Or they just have a super flush bank account.

Remember, every time it'd issue a loan, like for right here, it issued a 100 gold piece equivalent loan to D and instead of giving D 100 gold pieces from, say, right here, it just created a checking account for D, which later D paid to A and that's why it's labeled A right here. Let me relabel another thing because the gold is a different color just so you see the gold.

But let's just kind of think about a generic balance sheet for a bank.

So 225,000