Equity: n. tangible value

Money alone does not have tangible value unless it is in an escrow account subject to mutually agreed upon circumstances. Derivatives and other fictitious financial documents are not backed up with tangible assets so they are not tangible assets and have no tangible value or equity. Insurance against risk is a promise of money and if the money runs out due to insolvency or bankruptcy then the insurance is a bogus or fictitious promise and not backed by tangible assets.

If you liked this evergreen truth blog then read more of them, about 2700 so far, or read one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to


If you enjoyed this blog then here is a list of my most popular ones which you may also enjoy!!!

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.