So, if I were to draw a balance sheet for someone's house, it would look something like this.

I'm only going to get 50 gold pieces back.

All of these banks, each of these kind of represents the balance sheet of a bank.

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Sal Whatever's left over is your equity.

Stories like you just saw in that video.

I care about the assets.

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And that loan wouldn't be a bad idea because if this person isn't lying about their balance sheet, or I'm not

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There's a better photo of it.

For this event.

But the underlyingconcepts really aren't that fancy.

This is kind of my whole personal balance sheet.

So we had 1 million and then we raised 10 million more.

Let me explain it.

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I wanted to support them.

Or assets minus liabilities is equal to equity.

Frankly, it doesn't have to be a bank.

So I'm going to describe what illiquidity means to you.

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What? I'm hosting a celebrity event tonight.

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