So that's a very handsome return.

They hand out all kinds of business tax breaks.

Don't talk like that. All right.

Without billions of dollars from the private sector

No.

like any corporation, and they have to, the liabilities, plus the equity has to match up to the assets.

Seung Jo!

The textile industry is incredibly mobile.

Invest some of your resources in that, too.

I fear I am ill qualified to recommend myself to strangers.

I'm eager to be allowed to do more private sector investment.

Yes, she may have been abducted by the same people responsible for kidnapping Matobo and his wife.

And then on the equity side, because we have no liability, so in this case assets will be equal to equity.

That assets, A for assets, is equal to

But we'll do a whole playlist on that.

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

We've also seen some evidence that all this is making a difference because private investment flows have increased.

And it's legitimate monopoly of means of violence, administrative control, management of public finances, investment in human capital, provision of citizenship rights, provision of infrastructure, management of the tangible and intangible assets of the state through regulation, creation of the market, international agreements, including public borrowing, and then, most importantly, rule of law.

We think they're paying people now, cash, to Muslims and nonMuslims, US citizens.

Here, I interviewed people who were residents of formerly communist countries, who had all faced the challenge of transitioning to a more democratic and capitalistic society.

And what is required is a combination of physical capital, institutional capital, human capital and security, of course, is critical, but so is information.

It should start to make a little bit of intuitive sense

In return on equity, the numerator is the net income that we got, so it's 350,000.

And in the end, there's better bargaining between the authorities and citizens, and democracies, capitalism everything else flourished.

Men, who are so easily seduced by its power.

We need to put money where it can productively grow.

Yes, put that aside.

liabilities plus equity.

And the more fake positive returns you get, the more people that want to put their money in.

So this is just another visual representation that

less capital intensive that there's less money that's required

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

That just comes out of the definition of what equity is.

And so liabilities plus equity is equal to assets.

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

Capitalist country.

And of course, this guy's great now.

So he owns it outright so all of the 100,000 of asset value is actually his equity.

Bided his time, then upped the strength to a fatal dose.

They are appealing for money to help refugees.

They are appealing for money to help refugees.

How much equity do they have?

We'll rescue the civilians.

I'll do that in yellow.

He really wants that sargassum.