Hi ALL,
I am back.
Travelling is not so bad.
With all meds and contingency's being watched closely and me being non active to manage anything, is not so bad.
Only I feel, lied to and ignored, as if i was a child.
This trip, i had nothing much to do except to watch and think.
And wow, so much to think.
i keep trying to nosy as much info i could.
and i was shocked.
Keep thinking what would make man just give up and accelerate the trip to go home premature.
With nothing to do so i started, serching for answers.
And it came in the form of his balance sheet.
from what information i could gather accurately i tablled his balance sheet bcause they said he gave up due to financials.
Being cash endowed, it baffaled me until i finally finished the table.
His assets was is magnificent state. In fact it grew 10+ folds in the last few years.
what surprised me was that his right side of the book, his liabilities grew by 50+ folds.
everything on the assets was encumbered to his liabilities.
Now that book needed to be squared. His net was big big negatives after haircuts and write downs by hs creditors. In fact some called him a thief for his inability to meet his commitments.
I nosy around nd discovered that in tha last few years he had embarked into a grand scheme of amassing physical assets and had used all assets to margin for other assets.
Unfortunately all the new "assets"were unproductive to pay for themselves.
So he resorted to gaming to finance the shortfall.
Guess what? gambling didn't work. In fact made things much much worst.
This the result.
He was head of his family nucleus.
So got my mind thinking of some govts behaviour, saw some parallels.
When liabilities encumbered assets and lost means pay for interest to hold, then all value seems to shrink.
After a while all assets values get eatten up by the liability commitments. And in fact all becomes in reality liability book.
Seems this is the trend. Even individuals begin mimic. Is this the new mindset of the coming generations?
Alos though odf the economic video by john.
yes, using assets leverage for liabilities make growth faster.
cross the line and the growth to the poor house accelerates.
regards
arrives the new masters.
I am back.
Travelling is not so bad.
With all meds and contingency's being watched closely and me being non active to manage anything, is not so bad.
Only I feel, lied to and ignored, as if i was a child.
This trip, i had nothing much to do except to watch and think.
And wow, so much to think.
i keep trying to nosy as much info i could.
and i was shocked.
Keep thinking what would make man just give up and accelerate the trip to go home premature.
With nothing to do so i started, serching for answers.
And it came in the form of his balance sheet.
from what information i could gather accurately i tablled his balance sheet bcause they said he gave up due to financials.
Being cash endowed, it baffaled me until i finally finished the table.
His assets was is magnificent state. In fact it grew 10+ folds in the last few years.
what surprised me was that his right side of the book, his liabilities grew by 50+ folds.
everything on the assets was encumbered to his liabilities.
Now that book needed to be squared. His net was big big negatives after haircuts and write downs by hs creditors. In fact some called him a thief for his inability to meet his commitments.
I nosy around nd discovered that in tha last few years he had embarked into a grand scheme of amassing physical assets and had used all assets to margin for other assets.
Unfortunately all the new "assets"were unproductive to pay for themselves.
So he resorted to gaming to finance the shortfall.
Guess what? gambling didn't work. In fact made things much much worst.
This the result.
He was head of his family nucleus.
So got my mind thinking of some govts behaviour, saw some parallels.
When liabilities encumbered assets and lost means pay for interest to hold, then all value seems to shrink.
After a while all assets values get eatten up by the liability commitments. And in fact all becomes in reality liability book.
Seems this is the trend. Even individuals begin mimic. Is this the new mindset of the coming generations?
Alos though odf the economic video by john.
yes, using assets leverage for liabilities make growth faster.
cross the line and the growth to the poor house accelerates.
regards
arrives the new masters.
I was waiting for the CNY to open to markets. They said they would.
and i am victim too.