That assets, A for assets, is equal to

It should start to make a little bit of intuitive sense

So this is just another visual representation that

These are my assets.

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

liabilities plus equity is equal to assets.

And then the equity is, essentially we would look at this formula.

What is your strategy in your household?

liabilities.

I guess you could say non cash assets, right?

Remember liabilities plus equities are equal to assets.

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

And so liabilities plus equity is equal to assets.

I'll draw it a little bit bigger.

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

My liabilities would be 145,000.

So once again they're valuing all of the assets at 225,000.

These are my assets, and these are my liabilities.

that assets are equal to liability plus equity.

What's my equity?

Each share in this case once again, if you believe that the assets are worth 1 million are going to be 1 million.

So I'm going to give you a little equation, actually, just to take a little bit of a tangent.

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

If you take an MBA, they'll write it down, and it looks

And we have 23 billion in liabilities.

Because assets are equal to liabilities plus equity.

And that IOU, you could call that a Sal bond.

But this I just want to show you some data here.

And this is another important thing to think about.

like an equation, but it's assets is equal to liabilities plus equity.

So whenever they get this money into circulation they do go out there and they do buy assets usually treasury assets, and then they say even, Indeed, although the bank of Japan's policy, so he's comparing relative to what Japan did when they kind of faced deflationary crisis.

This is the retiree health care benefits.

But when I talk about the asset, I'm talking about only the operating assets.

Everything is going to be erased.

This is day 10 in this alternate universe.

But essentially what happened is the investors in the mortgage backed securities provided the money to the special purpose entity to essentially loan to the borrowers.

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

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)

In this case, an EBlT might be a little bit more informative.

So notice, I now have negative equity, right?

living this existence.

So what are my assets?

So then he's done.

You're still solvent.

They serviced the loans.