But anyway, I won't make social commentary.

All of these banks, each of these kind of represents the balance sheet of a bank.

So, if I were to draw a balance sheet for someone's house, it would look something like this.

( ominous theme playing ) GERARD

And that loan wouldn't be a bad idea because if this person isn't lying about their balance sheet, or I'm not

Well, let me draw it.

Or there's some type of earning power that in some way is not captured here.

It's so obvious we don't need proof.

There's the income statement and the other two are the balance sheet, which I have drawn a lot in a lot of the other explanations I've done on the financial crisis and whatever else.

No, I'm pretty clear.

There are many reasons, but the two that merit the little bit of time is one, the clarity of purpose is there.

Sal Whatever's left over is your equity.

Give me a definite answer.

Next problem.

This makes perfect sense, Captain.

But it's no mystery why I'm doing this trek.

Explain the fact as clearly as possible.

My vision is clear, fellow programs.

And income statements tell you how do you get from one balance sheet to the next balance sheet?

Frankly, it doesn't have to be a bank.

I'm only going to get 50 gold pieces back.

We're animals, we need our moms.

Have you found evidence that tells us where the target might be?

I have to come down hard.

So that is our T distribution right there.

So, here's the first door. You know, you get the message.

The will clearly states...

And we re clear.

But let's just assume, for simplicity, that a ton of banks in the system have this identical balance sheet.

So, how are we going to change the world?

So, this is the vertical mask applied to finding horizontal edges.

But we do not completely understand why.

Got to be a little more specific.

He's awesome. He's so commanding. Yeah?

You see, but you do not observe.

There are two peaks in this red graph, which are in 2004 and 2008.

Were we able to get verbal confirmation?

But it doesn't hurt to review it here.

And this isn't the balance sheet just for my house.

I care about the assets.

Basically, what it suggests to me

Review Certificate Parameters

I realize that's an ambiguous statement.

Let me clear all of this, all of this business over here.

And in fact, what's even the relationship.