Those are accounts receivables.

Now, we have this whole securitization,

We would create incentives for securitization.

So both cash and Accounts Receivables are assets.

You could do it with receivables from a company.

I'll make a whole video, probably a whole series of videos, on accounts receivables.

What happened started to happen the mid 90s, especially in California, and then nationwide in about 2001, 2002 is you had what we call a securitization of the mortgage market.

But because you've got the 400 in cash, it's going to disappear from receivables, and then go into cash, cause you actually got it.

But I have an accounts receivable of 400, so my total assets now are 300 of assets, remember, accounts receivables aren't assets, because someone owes me something, someone owes me cash in the future.

So an increase in accounts receivables is actually less cash than you would have otherwise gotten so this is negative 400 for your cash flow.

So the person who constructed this whole collateralized debt obligations and who sold these tranches to the public markets, and this process by the way is called securitization, because you're creating securities out of these assets that you sell to everyone, maybe the Chinese, or whoever, sovereign wealth funds.

So you did no catering in month 3, and because you did no catering in month 3, you have 0 revenue in month 3, and then you also have 0 expenses, the way that you account for the 400 that you got, is that your accounts receivables goes to 0, and that goes to cash, so the negative 100 you add 400 to it, so it becomes positive 300.

I am the perceiver of thoughts, of emotion, of time, of actions, of reactions, of interactions, of change, of hope.

I am the perceiver of thoughts, of emotion, of time, of actions, of reactions, of interactions, of change, of hope.

Me was composed of stories, of cravings, of strivings, of desires of the future.

City of Future, City of of Tomorrow?

Traps are of many kinds of wood, of steel, of words.

look like pictures of humans, of insects, of fishes, of birds.

They die of suicide, of overdose, of violence, of accidental deaths.

Of all of you.

Of what? Of what?

Of course, of course.

It's tens of thousands of pairs of shoes.

But vulnerability is also the birthplace of joy, of love, of belonging, of creativity, of faith.

They die of HlV, they die of hepatitis C, they die of infections of their heart valves, they die of infections of their brains, of their spines, of their hearts, of their bloodstream.

It's thousands of processors, a terabyte of memory, trillions of bytes of memory.

Lot of holes, lot of cracks, lot of crags

Two of Spades. Jack of Diamonds. Jack of Clubs!

Lots of towns lots of songs lots of women.

of Pharaoh and of Thamood?

Law of Conservation of Mass

lack of freedom of speech,

Of course. Of course. ( dials )

Scion of Elendil of Númenor!

Well of course, of course.

Yes, of course. Of course.

Voice of God, of nature.

Scion of Elendil of Númenor!

of one of my patients.

Cup of tea, of course.

I'm a copy, of a copy of a copy of a copy of a copy of a copy....

Amen! ...to the source of all understanding, of all wisdom, of faith, of love.

Many of the hundreds of thousands of revelers were unaware of the tragedy unfolding.

It's a story of nations, of ideologies, of territories, and of conflicts among them.

Protector of the Liberties of the People of the United States of America Washington.