So liabilities. Liabilities.

Let's say assets and I'll talk about margin requirements

And then we have the debt, the debt of the company, or the

Let's think about its liabilities.

I owe the bank 750,000.

This is 120,000 in equity, market value of equity, he has another 105,000 in liabilites.

This was equity.

liabilities as well.

It had 5 million of debt.

What are my liabilities?

That assets, A for assets, is equal to

Or the other way to view it is, assets minus liabilities is equal to equity, right?

It should start to make a little bit of intuitive sense

Minus 1.075 that was the max that I could borrow

Everything on the right hand side is equity, so this is all equity.

I still owe 750,000 to bank.

So my liabilities I owe the bank 750,000.

Most times the liabilities are pretty easy to get a handle on.

This business is a good business.

I think I had called it Loan C.

I had 100 of cash, no accounts receiveables,

So the only liability is this 5,000.

Let me just make everything clear.

These are the assets that our five buddies have together.

So over here you had another liability.

So in this case, our assets are 250,000.

My assets are 250,000.

So they all deposit their 1,000 gold pieces into my bank.

All its buildings and its employees and its brand.

To pay off his debt,

I just care about printing money,

Because essentially, or you can view it this way, if you subtract liabilities from both sides, assets minus

So going back to our balance sheet, we had a 10 million asset, we had 5 million of debt.

These are my assets.

So right now, the short seller, he has assets and

I now have cash of 1 million. What are my liabilities?

YoOOuse shell corporations to hide your debt.

You're kind of on the hook for something.

Well all of our earnings, since our debt stayed the same.

An even bigger picture, if I now look at my balance sheet, what are my liabilities now?

And forgive us our debts, as we forgive our debtors.

And forgive us our trespasses, as we forgive those who trespass against us.

And forgive us our trespasses, as we forgive them that trespass against us.

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

I won't go into that too much, but I think you get the idea what I mean, part lender.