diagnosis
Jiang says China now has the largest banks because bank liabilities also count as assets, making the system an illusion.
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Topic brief
A Jiang Lens evidence brief for this topic, built from source tags, transcript matches, and linked source refs.
Liabilities
A transcript-matched topic anchored by excerpts such as "...Chinese. Why? Because in the in the bank system debts are liability sorry debt liabilities are also assets do you understand? All this money..."
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Topic Scope And Freshness
A transcript-matched topic anchored by excerpts such as "...Chinese. Why? Because in the in the bank system debts are liability sorry debt liabilities are also assets do you understand? All this money..."
Key Notes
Timestamped Evidence
Transcript
"...Chinese. Why? Because in the in the bank system debts are liability sorry debt liabilities are also assets do you understand? All this money..."
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"...nations. Look at this, okay? China, in terms of assets and liabilities, don't have much invested abroad. You can compare that with other countries..."
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"...the equation called double entry bookkeeping which is basically assets and liabilities okay and that's double entry bookkeeping something that we still use today..."
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"...need to give it back it might be like into the liability okay all right all right you don't you don't understand"
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"...to create money okay is this money a debt or a liability it doesn't make sense it it doesn't make sense as a liability..."
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"...fundamentally a promise of a bank to you to honor your liabilities to them. That's the actual nature of it. So when Bitcoin was..."
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"...we need to get rid of this guy because he's a liability to imperial interests. And then Joe Biden came in and they recognized..."
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"...of factories and instruments of production owned by the state, equal liability of our work, combination of agriculture and manufacturing industries. All right, so..."
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"...a billion dollars it's actually considered an asset not a a liability it's like that that's what he's referring to sorry oh well"
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"...and hasn't had elections. And he's also a bit of a liability because he knows so much, you know? So this is why I..."
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"...say, like, thank you for bowing out and stop being a liability on the state, on the welfare state."
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"...problem with your pension plan. And you can see how these liabilities are going up over time. These are teachers, and as you can..."
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