Bruddah IZ
DA
You know? The old election rigged merry go round.
The Inevitable New The Inevitable Trump Mocking Thread
- Thread starter Nonononono
- Start date
Below is the definition of a balance sheet such as you and I would fill out.
When you fill yours out, and do that simple arithmetic by subtracting the “liabilities” (eg car payments, mortgage, credit card debt, etc) from the “assets” (eg cash, stocks, real estate, etc), what is the total number, Iz? I know that’s a tough question for you, so let me k is where you get stuck.
A personal balance sheet lists current assets such as cash in checking accounts and savings accounts, long-term assets such as common stock and real estate, current liabilities such as loan debt and mortgagedebt due, or overdue, long-term liabilities such as mortgage and other loan debt. Securities and real estate values are listed at market value rather than at historical cost or cost basis. Personal net worth is the difference between an individual's total assets and total liabilities.[9]
Bruddah IZ
DA
Are you admitting that your domicile is a liability? LMAO! Mister collateralized debt is an asset. Q.E.D. I knew you were hunting for something you didn’t understand. Fries U! What a deal!
Bruddah IZ
DA
You should have stuck to the definition of a balance sheet that you found and left it at that. That way you wouldn’t look like such a dumb ass when you started off by telling us what a cash flow statement is while posting the definition of a balance sheet to back up your description of a cash flow statement. Fries U!! What a deal!!
You didn’t understand the definition of balance sheet that I posted?
You can’t do the simple arithmetic that it describes and come up with a number?
What’s the problem there, son? No can do?
Is it the math that’s the problem for you?
Hint: House=asset, amount owed on house=liability. Stock=asset (do you have stock...I’ve heard some of you nutjobs, like Ricky, say you don’t “believe” in stocks?), credit card debt = liability.
Having a problem filling out a balance sheet?
It’s real simple, Iz. Never done it?
Debt on domicile is liability, market value of domicile is asset. You still don’t understand, huh? Put down the airport books and take a learning annex class!
Bruddah IZ
DA
Lol! Poser.
Bruddah IZ
DA
“Value of domicile” goes on the balance sheet since it’s an asset right? Lol!
Hüsker Dü
DA
I'm sure you are referring to the narrative you have been directed to repeat as opposed to the reality that is still unfolding.
Bruddah IZ
DA
The sore loser reality.
Hüsker Dü
DA
History already shows you are wrong.
Sheriff Joe
DA
Sheriff Joe
DA
You gave up? I understand.
Speaking of “poser,” tell us all about the QE that happened that you always talk about? When was it again? Why? What did it cause? Inflation, right?
Tell us about it.
Bruddah IZ
DA
History shows your use of the ignore button to deal with your post election wounds. The infection festers on.
Bruddah IZ
DA
If you understood you would not have tried to re-define the balance sheet definition you posted by first describing a cash flow statement. Fries U! What a deal!
Bruddah IZ
DA
Yes. An inflation/increase in money supply.
Sheriff Joe
DA
You can’t really believe printing billions is a good idea.
Bruddah IZ
DA
Have you calculated the ROA for the “market value of domicile”? Lol!
Bruddah IZ
DA
The Keynesian religion is older than the climate change religion.