The two sides of a balance sheet, or a cash flow account, must balance.
This is one side of a depressing balance sheet that has a major impact, not only on the viability of the industry but on thousands of vulnerable people.
This is the credit side of a global balance sheet carefully itemized by Brian Fagan in "The Great Warming," his fascinating account of shifting climatic conditions and their consequences from about A.D. 800 to 1300, often referred to as the Medieval Warm Period.
The general results are applied to the situation where Xij∈{−1,1}; this corresponds to a factorial design with −1,1 representing low or high level, respectively, or corresponds to a weighing design with −1,1 representing an object j with weight bj being placed on the left and right side of a chemical balance, respectively.
It is difficult to see how this could possibly be the case since debt is only one side of a country's balance sheet; countries also have assets.
Yet the most meaningful promise when it comes to fiscal policy is the overall deficit target, not whether two sides of a manifesto balance.
More typically, some assets appear at cost and some are "marked to market". On the right hand side, or the bottom, of a balance sheet are the liabilities and "shareholder equity," a summary of the claims that are held by various parties "against" the assets.
Thus, the sensitivity of the asset side of the balance sheet to a housing price correction was enormous.
The asset side of the balance sheet shows an accurate picture.
