Before netting, before zero sum ownership society
Numbers work in Credit Crisis for Kindergartners. . AliceAssetsPhysical marbles: 4Marbles promised from Bob: 0Marbles promised from Sue: 2Total assets: 6 LiabilitiesMarbles owed to Bob: 7Marbles owed to Sue: 18Total liabilities: 25 Equity: -19 ——————————————————————————–BobAssetsPhysical marbles: 6Marbles promised from Alice: 7Marbles promised from Sue: 1Total assets: 14 LiabilitiesMarbles owed to Alice: 0Marbles owed to Sue: […]