I can pay off my bank loan!

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The Civil War. Even more expensive.

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Well, stall them. I did.

Love your enemies, and do good to them.

(Laughter)

I'll pay ya back, plus a little extra.

I was absolved from paying my father's debt.

A reply to this message has been sent.

But now I have a new problem.

He was declared insolvent.

He applied the money to the payment of debts.

I will pay my debt as soon as possible.

My father is paying back a huge loan on our home.

Let's say this loan, the loan from Bank B to

He needed them he needed the money for starting a company.

Well I'm paying you 10 more, right?

My father is paying back a huge loan on our home.

This is liabilities.

And then maybe with any extra savings,

And here is the most stunning number.

So it's essentially a debt.

I'm returning the 100, and I'm returning another 10.

Most Banking Systems are based on debt, forcing people into a spiral of loans and repayments

That's equity.

It makes sense to pay off your credit card balance every month.

We create financial markets that are super complex.

So let me draw a yield curve right over here.

So what happens is that somebody borrows money from the bank.

Our debt is more than we can pay.

It's time to pay up all your debts and close out your loan.

I must return a debt every month.

Her debts amount to more than she can pay.

This is just to get comfortable with some of this terminology.

And just so you know, a bank needs cash to operate.

You could say, OK in years at times zero like if I just borrowed the money, I just paid it back immediately, it'd be 100, right?

They made sure that their loan recipients were staying up with their payments.

Return rate the one that Soros was so worried about 97 percent.

Because the government now owns 90 something percent of the company.

I give that money to someone else.

This bank that thought that they had made a prudent loan, this is house number three, I think.

The risks are massive, but the pay off economic, humanitarian, motivational it's absolutely huge.

Now's the time to keep our focus on the most urgent challenge of our time putting people back to work, paying down our debt, and building an economy where people can have confidence that if they work hard they can get ahead.