I owe the bank 750,000.

Interest expense.

So liabilities. Liabilities.

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

I hired some help.

I can't just put that in my pocket.

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

Let's think about its liabilities.

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

This was equity.

The expense is chargeable on him.

The expense will fall on him.

It's a very potent weapon of mass destruction.

And charge it off to the mark young case.

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?

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.

We need better accounting.

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

This is the angel investor, and this is all of us down here, and all of this is equity.

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 if the widgets are made out stainless steel, it's the cost of buying the stainless steel and maybe the electricity bill of melting it and reforming it or however you have to work with stainless steel.

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

These are my assets.

It should start to make a little bit of intuitive sense

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.

Over 70,000 in cash,silver,and liberty bonds.

And then we have a little bit of cash on top of that.

The fact is studies show that the cost of malnutrition and hunger the cost to society, the burden it has to bear is on average six percent, and in some countries up to 11 percent, of GDP a year.

So it's two minus negative three.