What's going on in Nigeria? A couple of things.

And you hear the words scarce resources a lot when people talk about economics.

No matter how bad it was economically, he always got himself paid.

I think that's what I wanted a write here, market value of equity.

Where do they get their water? Where do they get their shelter?

So let's call that market equity.

like the South Bronx did?

And there's only 10 shares. So they're valuing the assets at 500,000. And this is of course the market value of the assets.

That was one of those turning points where I said, wow what am I doing here?

So that's a very handsome return.

Set here the content's location within the city.

And then, that gets you to the market value the equity.

And economics is very interested in scarcity.

Resources.

And if you look at the species level, you saw about fish.

Growth of use will consume any energy or resources saved through conservation.

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

(Applause)

Unfortunately, many of us in this room are supporters of capitalist policies and market forces.

In order to restore the bond, we need to utilize regional resources.

So, remember, assets are equal to liabilites plus shareholder's equity, so if all of a sudden the market value of the equity, the market capitalization, for Ben's shoe company is 215,000... (That is the equity part right over here)

An analogue would be the growth of bacteria in a petri dish.

They are the happiest place.

So I asked the Minister over dinner,

He made a killing by investing in the stock market.

Xigi is a new community site that's built by the community,

So 26 minus 23 is equal to 3.

The troll market! The troll market?

They're the share of owner's equity and not of the asset also gives you a good sense of what market cap is

And it can be done.

It's your resource it's not somebody else's.

Well, because there's a lot at stake.

For one thing, it's unified, has a relatively homogeneous population, one language, a huge internal market and rich resources, a favorable climate and much more.

So they're saying essentially that the market cap, and that's equivalent to the market value of the equity, or what the market thinks the equity is worth, that's 1 times 500 million shares.

We're willing to say that the market value of your equity is 210,000.

Or another way of viewing it, is that this is the market's guess, or you could call it the market value of the equity.

That country has natural resources.

Japan is poor in natural resources.

China is rich in natural resources.

Now let's go up to the Arctic Circle.

But we need to think broad scale. We need to think globally.

It was the government that made law function finally.

We have to look at the education of humans.

It has no vegetation.

It takes too much energy. It will cost too much.