External debt something that I can tell you a long story about because I personally worked on one of the biggest debts on the continent has come down dramatically.

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

This is day 10 in this alternate universe.

We need better accounting.

He works for Dorset System Labs.

You're still solvent.

They serviced the loans.

We would create incentives for securitization.

Payable to the City of San Francisco.

Helps bring it down.

You have 189,000 as the value of this equity.

Now let's say it gets even worse.

I think some of them are going to be affected by this technology.

Now, now.

What is your strategy in your household?

Well everyone knows that it's not going to be exactly 10 .

So that's bankruptcy.

You go get bankruptcy protection.

This guy, he does have interest.

It allows let's say this group of borrowers let's say this pool of borrowers right here actually didn't

It can do it through debt or equity.

I have 4 billion in residential CDOs, collateralized debt obligations.

Over the next few years big decisions will be made in Washington on jobs, the economy, taxes and deficits, energy, education, war and peace.

So we still have the same amount of debt.

So, each of these is an investor.

Have a surplus? Take two tax cuts, roll back some regulations and call us in the morning.

It's exciting, but we went over our finances and...

How much product do you have on hand?

That man borrows money from many lenders.

That man is a heavy debtor.

That man has many debts.

current

So it buys, it buys debt.

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You can sell shares.

And so when the Federal Reserve or any Central Bank prints money, and it buys debt, it goes out into debt markets and it buys it, it usually buys the safest kind of debt, but that affects all of the debt markets, it goes out and buys in the debt market, they're essentially shifting the supply curve of money to the right, they shift the supply curve to the right.

Or whether we can anticipate it, create those major changes that will bring about a better future, or we can anticipate it and create a better future

And because it's a junkier rating, no one is going to want to buy it.

We would just know that there is a 20 chance.

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