Ancillary would be number 2 referred revenue.

So this is all equity.

It was both Communist and Totalitarian.

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.

What's my current state of affairs?

Do pay?

Two, the scientific revolution.

Somebody solvent?

And this goes back to the very first video we saw.

You need also state ownership, especially of land assets, in order to build and roll out infrastructures very quickly.

And what happens in bankruptcy?

So you can kind of view the debtor as the equity holders and the management of the company.

So its assets.

Another type of sale is an actual asset sale, direct sale.

That assets, A for assets, is equal to

Malibu Equity and Investments.

look, anyone who is a proprieter

Second, his income.

So anyway, what happens in Chapter 11?

In the economic system in traditional Africa, the means of production is privately owned.

So everyone decides that it's in their best interests to keep this thing running.

Incredible Edible, and in support of that have decided to do two things.

You don't even need the loan.

I don't want to draw this box.

And rich, eh?

I'll do that in yellow.

He is possessed of a great fortune.

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

liabilities plus equity.

And by the way in the physical world the classic is real estate brokers.

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

So once again, I'm stuck holding this non liquid asset.

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.

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.

And now, what percentage do each of us own?

Remember liabilities plus equities are equal to assets.

My uncle is possessed of great wealth.

My uncle possesses great wealth.