Why do so many people debate whether Asians are still considered POC or not? What does that term really mean and why is it so confusing? It's a real simplification that comes from America and different types of people in the U.S. I feel like it's your alliances and how close you are to your actual culture. I consider Asians POC. I think that you can occupy different racialized spaces. Asian people have also gone through racialization in America.  Like obviously that's offensive. So I think in colored is also a term that was used to marginalize people and to demonize people. So I think in terms of person of color it puts the person in front of the color as well. I feel like all this terminology we're adding on to just kind of sugarcoat for the word minority or whatever. Different race other than white that we are. I'd have to say there isn't a lot of unity between like different people who like are part of like that group. I feel like there's just like a lot of racism. I think it builds community in a way to kind of remind us that we're all the outsiders of this country. So minorities need to stop coming at each other like with these different issues. Oh, who's on what side of the side?  I don't use the term. I don't like the term. Welcome everybody to the hot pot boys.  Whether Asians are considered people of color or not. Yeah, you got a range of responses. Yes, no, sort of maybe I don't even like that term altogether. Listen, if we would have interviewed 100,000 people, I'm sure we got 100,000 different versions of this answer. Yeah, I mean, this is a pretty tough topic, but you know us. We like to go at things. So please hit that like button, click that notification bell every time you want to see us analyze something difficult. You know, let's have this discussion. So we're going to hit it by the micro mid and the macro. What are the general opinions and reasonings for each answer? The mid is what does it even mean to be a POC and a BIPOC person? What does that entail? And then the macro is like, is this even a relevant term today?  You see it on TikTok. You see people arguing about it in person. Let's get into it in the micro Andrew. Some people said, yes, absolutely Asians are POC. I think the best reasons were yellow was a color. Yellow is not white, even though everybody, of course, is a different shade of yellow. Some light yellow, some are like yellow brown. Anyway, we don't have access to white privilege. We're not part of, you know, Hunter Biden. We're not Donald Trump Jr. We're not part of the Illuminati while a lot of our parents don't speak English. High poverty rates, foreigner status, non-citizens. Documented discrimination against us. I mean, it's definitely happened. So on the no side, some people said no Asians are not considered POC. And it's often because, you know, our skin is is light. So if you put like a yellow marker on a white piece of paper, maybe it doesn't show up that much. It's not that contrasting, you know. And also that a lot of Asians in people's perceptions have not been good allies of black and brown movements, particularly recently. And also some people get the feeling that a lot of Asians look up to white people too much or just try to climb that white corporate ladder too much.  Maybe you become whitewashed, whatever. Right, right, right. That was sort of the they either date whites or make whites money. And then the answer was sort of Asians are POC is like they're right in there, but they're probably never going to be leaders of the group. And they're definitely not defining of that group. I actually think that this was quite a common answer, Andrew, because it was sort of like if there was a BIPOC galaxy, Asians are in there. We're planets in the solar system, but we're like Uranus or Pluto. We're a little bit far out from the sun of where it's centered. Right, due to technicality and the scientists had to check us off. Yeah, Pluto's a planet. Interestingly enough, Andrew, we heard this from a lot of African Americans. They also said, I don't even like that term BIPOC or POC altogether. That sounds like color. People just reversed. Yeah. And I don't think it's necessarily coming from a certain political leaning conservative or liberal. I just think some people just don't feel that term. And there's an argument that it's outdated because the word colored is in there and then colored is kind of an outdated term. So I will give them a point that it's only used heavily in my opinion in corporate settings where they don't want to name races because they think it's like bad, right? And then in academia, I hear it a lot. Yeah. And it's it is important to note that this term has been around for a while, but it the definition has changed over time and it will probably continue to change to be honest. Did you know in 1960, Andrew, when it was designed out of the African American civil rights movement, it was designed to include Jewish people, Irish people, Italian people and Slavic like Polish people or Russians. So that was basically everybody who was outside of the circle of power from Anglo Protestant. So it can't be just based off skin color because if Irish people at one point were kind of POC and they're like the palest people, they're even whiter than Anglos. Then yeah, it's definitely like an interesting thing because basically it was basically like saying, Hey, you guys, you guys are also left out of the power circles of America and possibly potentially somewhat oppressed. So please get down with the people POC movement. That was 1960 and then in the 1980s, those other groups sort of became white and then it was black and Latino black and brown. And then now again, it has shifted again. Well, maybe every time there's like a new immigrant group to America before they get assimilated, there is like a sense of like, Hey, join our team against the Anglo white power structures so that we can like beat them together. Let's team up and then, you know, some people do and some people don't and it's also complicated nowadays. There are white Latinos, Marco Rubio, Ted Cruz. There are white Arabs blue eyes, but they're also Muslim. So that would put them on the opposite end of the Anglo Protestant, right? So it's, it's just complicated. Yeah. I mean, it's very complicated based off just purely skin color right now. Um, guys in the mid, uh, what is it really like used for and what is it like in tail? Yeah. Well, like I said to, uh, my previous point, Anglo Protestant being sort of like the dominant power in America. Those are the people who came over from England, Germany, France or whatever. That's sort of like colonized America, right? From the Native Americans placing them as like one a like powerful group, right? And then you have like, I guess juxtaposed against what black Muslim would be almost like the reverse of it. I'm not, I'm not saying all black people are Muslim, but I believe that that played into sort of the conversion of Muhammad Ali and Kareem Abdul-Jabbar. Yeah. And I think that when you talk about like a press versus a presser, obviously I think this is another way to put it because basically POCs would be considered the oppressed people.  Obviously, you know, I mean, I do think that POC was developed in 1962 center. The concerns of black Americans, specifically historical heritage black Americans that had came from slavery, aka Adas. Right. So, and I still think would you agree, Andrew, that it does to this day? Oh, yeah, for sure. I think the center of it and we're talking about like the leaders of the movement, you would say, or the people who are, if there are gatekeepers to this term, it would be black Americans. Yeah. Right. But Andrew, you also did do a interesting interview with somebody who was black American who said, you know, they can, everybody can be BIPOC, but we don't have to all agree on everything. Yeah. I don't, I don't know if POC, if people see that term as a set of ideologies and rules and beliefs. Maybe you can be POC and BIPOC and not believe in the same things. I mean, it's, I don't know. So it just depends on how you determine it. Um, people like on a lighter side, there was like a lot of people that were saying like, all right guys, let's boil down this term. How do we define people? How do you know BIPOC, right? You're talking about BIPOC. How do you know if you're BIPOC or BIPOC and when you say BIPOC and you mean black, indigenous, Latin, Asian person of color. Yeah. Some people were like, Hey, if you like spices, you eat rice and maybe eating some food with your hand sounds, I then you might be POC or if your culture has a very spicy chili sauce to it. Right. Team seasoning. Come on. You guys know the jokes. They just write themselves. People of seasoning. Sure. There was like a comedian who said, um, if you follow the teachings of two POC, you might be BIPOC. Yeah. I mean, I think it is really, really complicated because some people like even within every group whether black, Latino, indigenous, Asian, they might have aspects of their life that does fit in with that and aspects of their life that might not. Yeah. You know what I mean? Cause it's like, okay, I love social movements and I love hip hop and I love supporting social justice or disenfranchised groups. Boom, boom, boom, right? I make my money from me and my family at a bank that is supporting like boom, boom, boom. Right. Right. Right. I mean, I think that on the, for a lot of people looking outs from the outside into a lot of Asians, a lot of Asians, I can't speak for everybody, but I don't think they always want to be white. I just think that they do want a lot of like the success that white people have or they see that as the most successful route. So in that process of climbing the white made structures, then they can appear to be white washing. Now some people are more white wash than others, you know, truly in their heart, but that's why it comes down to allegiances. People like there's this really quick. I'll end this point with this quick equation where it's like, how do you look? What culture do you identify as? And what are your allegiances? Is your heart with, you know, other minorities and do you support their causes? Then that would give you like your kind of general PO systems.  But like it's just where do you like lean? I guess, right? That brings us to our macro, Andrew. Are these terms even relevant? Like I noticed that in Canada, they see like all the arguments that we have over like skin color in America and they try to use other terms like POC or BIPOC is actually like visible racialized minority or visible visibly racialized groups. Native Americans, which is a debated term turns into First Nations. Right. So I think that in Canada, they almost have like more technical terms that people don't argue over. Is that a thing or is it really just, you know, maybe we could learn something from Canada. So moving into the macro, Andrew, big picture, birds-eye view. Are these terms even relevant? Because it seems like using skin color in 2022, even though at one point it could have been more logical in a more simpler time. It seems like, I don't know. It seems a little bit reductive where obviously race, class, socioeconomic status, geography, education, it all is like comes into play. We're living in a more globalized world where Anglos or white people have always been the minority. You know what I mean? But, but so are we going to just center our identities around just how not white we are? Or like, what is that? I do think that using the term POC, it's such a broad and simple term that for a complex world, it probably doesn't work that well. I'm not saying it's a bad term. I just don't think it really allows for a lot of nuance because listen, look at the conversation we have to have about who is a POC. Clearly, the term has flaws if it's such a complicated and loaded term. And so I'm just trying to, so my question is for the people who want to use it, and I'm not saying it's wrong to use it, of course at all, but I guess what are your intentions of using it? Like, what is the agenda? Like, what are you trying to do by using such a broad term and then basing it off of skin color?  If you had one drop of black and you were considered black, but that's like a long time ago. But maybe things haven't changed. I don't know. Is this race war still going on? Yeah, I mean, I think that even a lot of African Americans, they maybe like to term at one point and they're like, you know what, we're not even getting our like concerns addressed enough. So I would like to just go back to being black. Yeah. No, I heard that a lot. Obviously, I'm just paraphrasing what somebody said. Yeah, I heard that a lot. I've read that a lot of for articles and stuff and, you know, different point of views because they're probably were like, yo, when this word began, it was just us and it was trying to center us and our concerns and now it's like folding in all these other things in there because it's true. And I'm not saying that they should or they shouldn't but like maybe black Americans don't care about deportation or something like that.   Some people were like, Hey man, I feel like it's just a term mostly white people are using and that white people are trying to use either to mean black without having to say black because it's uncomfortable for them or they're just trying to group everybody together because they have an agenda, you know? And so that's why you do have to look like I said, who's saying it and why are they saying it?  So who knows? I'm not saying that it is a good question. David, lastly to kind of round it out. Let's bring it back to the Asian perspective of like, does it feel like sometimes when these conversations pop up that Asians are just this alien group of people, we do not belong in this eternal battle that's been raging on for way too long. But it's like, we don't fit in all this. So it's like, some people just want to like, take themselves out. Obviously there are a lot of wealthy Asian immigrants who are coming over who happen to have light skin. So that also may confuse people too. But there's also ones coming over in abject poverty too. Yes, exactly. Look almost exactly the same, but we're different clothes. I would say this guys, long story short in a macro sense. My biggest like ending thought is that America right now was sort of like this really is like a sneaker, right? And at the very top, there's like this very tangled knot where the shoelaces should be tied in like a bow tie, right? And basically to tighten the shoe, the shoe has to be tight on the foot, right? Everybody's just pulling up the middle like cross laces but nobody's addressing the untangled mess of a knot at the top. And what we're just trying to do is talk about this to untangle it a little bit. I don't know if I can, I probably cannot, but I just try to contribute to it to be like, Hey guys, pay attention to the top of the shoe. Don't just tighten it by pulling up the middle. I'll say this, man, complex issues need complex discussions unless everybody's just going to be very, very nice to each other. But that doesn't look like it's happening right now. So you have to have these discussions and this is not the first discussion you've had or maybe not the last one, but hopefully it was helpful. Final takeaways. If we were to accept POC and BIPOC as terms, I would consider myself one, but I totally wouldn't get mad if somebody didn't consider me one. And I could totally understand why people would consider some Asians to not be. So I don't know if that's a good answer, but it's just kind of like, yeah, I get it. Everybody, let us know what you think in the comments down below. I think there's probably a lot of thoughts that you're having. Keep it civil, keep it productive, keep it interesting. Let us know how you feel because again, this is an ongoing discussion just because we made this video and we thought about it, it doesn't solve it.  And I don't know, maybe it'll take double the green Martians to invade for everybody to just be, all right, it's Independence Day. We're just one race. We're non-green people. Yeah. Well, but then that'll be messed up too because it'll be us against them. Hey, who knows what will happen in the future? It is interesting. Maybe it all turns into a sci-fi movie. Maybe there should be a sci-fi movie about this. Let us know what you think in the comment section below, guys. Like we said, we hit it the micro, mid, macro. We take the discussion where everybody else is scared to. Let us know, keep it civil, hop, hop, boys. We out. Peace.


Hey guys, welcome back to my channel or welcome if you're new. For those of you who don't know me, my name's Sam and today I thought I would just sit down and do a little like chill, get ready with me. It's been a while since I have done any kind of makeup video on my channel but I've been getting tons of requests to share. Look at this hair, it's looking a little crazy. Anyway, I have been getting tons of requests to share how I've been doing my makeup on the long days at the salon. If you didn't know, I am a professional hairstylist and there are some days that I'm there for a long time and between blow drying and all of the color applications and everything, I get really sweaty but I found my go-to stable routine that lasts all day long, it's sweat proof, transfer proof, even if you have to wear a mask, it doesn't budge. So I thought I would share that with you today. Before we get started though, I do wanna give a shout out to today's sponsor, dossier. If you've never heard of them before, they make dupes for designer brand high end fragrances. I have so many of them. I have six in total actually. A couple of them the brand did send to me but at least half of them I bought with my own money because I genuinely love their perfumes. They're exact replicas for the well-known name brand fragrances but for a fraction of the price. Their perfumes start at $29 and they have high end brands on there like Tom Ford, Joe Malone. Fragrances that the brand name retail for like $200 plus for a full size bottle and you can get them on dossier for like $49. You can save so much money and you still get that same high quality. These fragrances last on me all day long and I know that they're lasting a long time because even when I'm at work, I will get compliments from my clients or they'll ask me what perfume am I wearing? So when you order from them, the box looks like this and inside you have a little note card and it tells you the name brand fragrance that this one was inspired by. My favorite, this has been my go-to. I've been wearing it every single day is the floral pink pepper which is inspired by Dior's Miss Dior Cherie, the 2017 version. This just smells so good. And I know it can be a little risky ordering their perfume online especially if you've never tried it before. There definitely are some that I've ordered from dossier that I don't even know what like the inspired scent smells like but what's great is that you can order the perfume and then if you don't like it for whatever reason you can send it back and they do give you a free return shipping label. I've done that before. I had ordered one. I think it was inspired by a Jomalone like a pair one and I just didn't really like it. It wasn't my favorite. So I just sent it back totally free and I got a full refund and it was so easy. So if you'd like to check out dossier go ahead and click the link in my description and you can also use the code SAM10 to get 10% off. I'm so happy to be working with them again because they are a brand that I genuinely love and use all the time and stand by. So yeah, definitely check them out. Thank you so much dossier for sponsoring this video. Now let's jump in, let's get started. First things first, I am gonna do some skincare. I feel like that makes all the difference. Like if you want your makeup to go on and look good you gotta have a good base to start with. So I'm gonna start with some vitamin C serum. This is from the brand Liliana Naturals. I have the vitamin C serum and the vitamin C eye cream. They're cruelty free, vegan, made in the USA.  I'll have a link in the description if you want to try this but this has been like my go-to daytime. Skincare, so I'm just taking a couple drops of the vitamin C and I'm just pressing that into my skin. And then I'm taking the vitamin C eye cream. This has been really, really important. I've just found that my under eye concealer just goes on so much nicer and doesn't crease throughout the day or get all like crepey and dry looking when I put eye cream on first and like have my skin prepped under the makeup. And then lastly for skincare I'm applying my SPF moisturizer from Cercadia. I used to always skip this step like unless I knew I was going to the beach or I was gonna be like laying out in the sun I never put on SPF until like a year or two ago. And now I put it on all the time even if I'm not planning on leaving the house. Gotta keep that skin nice and protected. So now I'm going to apply concealer. This is the Elf Hydrating Camo Concealer. I have it in the shade medium peach. The first time I got this concealer I did not like it at all whatsoever but I was using it a little bit differently. I think the first time I tried it I had put it on on top of my foundation and I think I just like applied way too much and I didn't like it. It felt like just kind of dry but what I've been doing is applying it underneath my foundation and blending it out with a damp beauty blender and it's flawless, it lasts all day, it gives amazing coverage, I love it. So I also put it on any little spots that I have and then I'm taking a damp beauty blender. I'm just going to gently blend that out. The key to a perfectly damp beauty blender is you wanna hold it under the water and squeeze it multiple times so that it gets like completely full of water and then you want to wring it out really hard and then I will squeeze it into a towel to really get all that excess water out. That way it's not too wet and it just like blends everything out so nicely without it like being too cakey or heavy. This is like the star of the show right here. The essence, pretty natural hydrating foundation. I can't even like, it's like $6, first of all. Incredible.  But it gives such a nice natural like satiny finish and it's really buildable. So the days when I need more coverage, it's great. Or the days that I don't really need much coverage at all, you can really like shear it out. I really like it a lot with a beauty blender especially so I just kind of drag that down onto my neck, behind my ears, into my hairline. Make sure there's no distinguishable lines. Like look how nicely it covered everything but it just looks like skin. It doesn't look like I have like this thick, heavy, full face of foundation. And I love this shade. I feel like it matches me perfectly. I have a hard time. I'm like very neutral and my skin tone fluctuates a lot throughout the year. Like I get real dark in the summer and then I get real pale in the winter. So it's hard for me to find a shade that actually matches. I feel like most foundations are usually either too yellow or too like orange. Now I'm going to take the ColourPop No Filter Loose Setting Powder and I'm going to dip my beauty blender into there. And I'm just going to press a little bit of that powder right under my eyes. It definitely helps to just like lock everything in.  Whatever's left on here, I just tap over it. Just kind of press that in under my eyes. The key is to just use a little bit. You don't want to overdo it.  And I just feel like nowadays it just makes my under eyes look too dry. So I just use a little bit just to set and I feel like that's all I need. Moving on to blush and bronzer. I haven't been doing like an intense contour or anything like that. I've been just keeping it pretty simple. I like a more natural look. So I found this L'Oreal blush which is like the perfect shade. I was looking for a nice blush that kind of like doubled as a bronzer too and it just gave you that nice like bronzy pinky like you were just out in the sun kind of color. So this is from the True Match line in the shade W56 Subtle Sable. And one thing that I have been doing like the last several months that I feel makes a big difference in the look of my makeup is rather than bringing it like as far down as I used to I've been keeping it really high up. Like it's almost touching my bottom lash line and I keep it right here like on top of my cheekbone and then I blend it up into my forehead. And I feel like that just makes my face look more lifted and a little bit like slimmer. I feel like before when I would bring like my bronzer and everything like down here you know how I used to do it back in the day make the fishy face and contour there I feel like that used to just like drag my face down. Like when I look at old pictures and videos like I just don't feel like it was as flattering. So now I've been bringing it up really high. And I remember when I first started doing this I would get comments on my videos saying like would you do differently? Like why does your face look different? And it's literally just from my blush and bronzer placement.   Also sometimes what I will do is just take my finger into that same blush and just rub it on my lids just add a little bit of color to my eyelids. I have not been doing eyeshadow like at all lately but that just adds like a little something a little bit of color.  If you haven't tried the setting spray yet the way the mist comes out is so nice. It just gives such a nice even coating and then I'm gonna take my Beauty Blender again and I'm ever so lightly like I'm barely touching my face just tapping over especially the cheeks where I put the powder just tap like very, very lightly tap over everything and that just like melts all the makeup together. So you will not have any powdery-ness at all whatsoever. Like it just makes it look so natural so skin-like. Next I'm going to just lightly fill in my brows especially this one is a little more sparse naturally compared to this one. So I just fill in any like super sparse areas with some pencil. This one is the Maybelline Brow Ultra Slim in medium brown. This too, it's so funny. Like I remember back in the day I would spend so much time filling in my brows doing pencil and powder and gel and all this stuff and now I just keep it so, so simple. Then I'm just going to apply a little bit of mascara. I've been obsessed with the Lancome Monsour Big Mascara. If you like a mascara with a drier formula this is for you and I love it because even though this isn't the waterproof version I think they have a waterproof version of it but either way this is not it. This is just the regular one but it doesn't smear throughout the day and I was having a lot of issues. If you guys watch my vlogs you know I was struggling to find a good mascara that wouldn't smudge throughout the day especially on the days when it was really humid. We had a super humid summer. I was just looking crazy. Like by the end of the day I had like all this black under my eyes and a few people recommended this one to me and it was a game changer. Like it does not smudge at all throughout the day and it just makes my lashes look so good. So I just apply it to the top lashes. I haven't been doing anything to the bottom lashes. Last step is lips. So I normally keep it very simple with my lips. I normally just do a nude. My usual go-to is the Charlotte Tilbury Pillow Talk Lip Liner.  I just take all like my pinks and my nudes and I just mix them all together. Just kind of depends on the day and like what I grabbed first basically. So I love that color. And then I also have really, really been loving the KKW Beauty Nude One Lip Liner. This is also a nude obviously but it's a little bit darker. And then I put the lipstick in the same shade. This is also the KKW Beauty Nude One Lip Stick. But even though they're the same shade the lipstick actually is a little bit lighter than the lip liner so I concentrate this in the center of my lips. And lately I have been just all about glossy lips. So I'm just gonna tap it off with a clear gloss. This is from Pixie. It's their Lip Lift Max Gloss in the shade Petal Ice. It's just like an iridescent clear gloss. And I just again focus that in the center. So that's it for the makeup. Now I'm just gonna do my hair really quick. I washed it and styled it yesterday. I'm going to apply some dry shampoo. This is the Kendra Volume Dry Shampoo. This is my favorite dry shampoo. Just a little bit at the root. And lastly I'm gonna spray on some Sebastian Dark Oil Silkening Mist. I honestly don't feel like this does much to the look or feel of my hair but it just smells so good. So I've been using this as like a hair perfume. This comes in an actual oil and a shampoo and conditioner and it all smells amazing. And that is it for my look. Now I am ready for the day. I will have all of the products that I used linked in the description as well as my link and code to dossier. Don't forget to go check them out. Thank you again to dossier for sponsoring this video. Thank you so much to you guys for being here, for watching. If you liked this video, please give it a thumbs up. Subscribe to my channel. Feel free to go follow me over on Instagram and I will see you in my next video. Bye.


What's up everyone, Takedown here. Welcome back to another video.  Let's get right into this. So before we get into today's video, I just want to explain that, yes, I know this is a fake Game Boy Advance cartridge. This here, I purchased for $7 on Alibaba plus shipping, so it didn't cost me more than $10 to get it shipped to me here in Canada. And this game, if it was an original one, sells for around $100 on eBay. So I know right away that this was a fake. I only purchased this to share with you how to spot a fake. So whenever you're out in the wild looking for these games, you know what to look for when it comes to fakes. The first thing we're going to be focusing on is the label. This is the quickest and most accurate way to spot a fake. The first thing you want to look at is spelling. A lot of fake cartridges have missed spelling. You have to remember the countries and the people that make these fake games. Usually their first language is not English, so you definitely want to look over it and make sure not only the Nintendo logo is all spelled correctly, but you also want to make sure the title of the game and all the other texts is also spelled correctly. If not, it likely is a fake. The most common thing that is misspelled is not only the Nintendo logo, but also the Nintendo official seal. You definitely want to check those two spots for spelling. The next thing with the label that you want to look for is the official Nintendo seal. For most fakes, it isn't even there, or if it is, it's been printed to look like it is worn. You want to make sure that it is not only visible, but it is legible. And if the seal itself looks like it is faded or worn out, but the rest of the label looks great, you know that chances are this is likely a fake. For this one here, it actually has the official seal looking like it is supposed to. So looking at just the seal itself, you wouldn't know that this is a fake, which is why you want to look at a whole bunch of things when you're looking at these cartridges and add it up yourself to see and determine if it is a fake. Just because one thing is accurate as is the original doesn't mean that you are not having a fake in your hands. And the last thing we're going to be talking about for the label is a number in print, usually right above the official Nintendo seal. There is an imprints in the sticker for kind of like a serial number. This one here does not have it, which is why I absolutely know without a doubt that this is a fake. Not only that, I did purchase it from Alibaba, but if it does not have that number imprinted above the official Nintendo seal, it is most definitely a fake. All Game Boy cartridges above the official Nintendo seal do have an imprints with those numbers. Now sometimes those numbers can change, but all fakes usually do not have that above the seal. Now for your Game Boy Advance cartridge, if everything for the label adds up and does look like it's legit, the next best way to check to see if it is a real or fake cartridge is by opening it up and taking a closer look at the motherboard. That is the best way to determine if something is fake, because most fakes on the inside look the exact same. And as long as you know what you're looking for, you can spot a fake. Now unfortunately for me, I can't go and look inside, but because this is a transparent case, for me holding it up to the lights, I can tell that everything inside looks to be as if it was a fake cartridge. I'll put a photo up on the screen so you guys can tell the difference between a real and a fake Game Boy Advance cartridge. A real game should have Mx on it. Most fakes are missing the Mx or have some Japanese writing which would not be authentic to a Nintendo Game Boy Advance cartridge. Also look at the fonts and the size of the Nintendo text as well as spelling. Also keep in mind the position of the components. Most fakes look the same. If you look at the fake, that is exactly what to expect to see for a fake cartridge. So if you're able to open up your cartridge prior to purchasing it when you're out in the wilds, and it looks like this, chances are it likely is a fake. Like I said, for me for this cartridge right here, since it is a green transparent color, I can hold it up to a light and tell the insides without opening it up. But if it is the original gray ones for most Game Boy Advance cartridges, you are going to want to open it up to look inside, otherwise you won't be able to holding it up to a light. Now of course there is other ways to tell if a Game Boy Advance cartridge is a fake. But these are in my opinion the easiest and quickest ways to determine if your cartridge is a fake. Now keep in mind that just because one thing looks like it is real and looks like it is something that is on a real cartridge, doesn't mean that that cartridge is fake. You're going to want to look at multiple elements. And if there's multiple things that are wrong and leaning you towards it being fake, chances are it is fake. My cartridge here does have the official seal looking quite legit, and there's no misspellings. But because on the label here it does not have the number in prints. And of course by looking inside, I can tell the motherboard is fake. I know without a doubt that this cartridge is fake. So you're definitely going to want to look at multiple elements whenever you're checking out to see if a cartridge is real or fake, rather than just checking the most common things. And the last thing that you're going to want to check whenever you're finding these out in the wild to determine whether or not you think something is fake is going to be the price of the item. If you know something is like this game here, a real one is around $100, and they're selling it for $50 or less, chances are that game is fake. But just because you spot a fake game out in the wild does not mean that that person is trying to scam you. They might just not know what to look for, and they might not even know that that game is a fake. They might just be trying to get rid of it or sell it because they don't use it, or they don't know really what they have. So don't always assume that the person that is selling a fake knows that it is a fake. Sometimes they don't know, but sometimes they do. So I hope this video helps you guys determine when you're out in the wilds, how to tell if a Game Boy Advance cartridge is real or fake. Now, of course, I'm not expecting everybody to have the tools to open these up to check the motherboard. Myself included, I do not have the tools to do so right now, but you can tell by the label. And if there's multiple things wrong with the label, it likely is a fake. And that is what I would do if I was out in the wild, looking for myself, I would always check the label and make sure it's legit. And if I still have questions, of course, I'm not going to buy something until I look over the motherboard to make sure that it is legit. I hope you guys enjoyed this video and I'll see you guys in the next one. Please take care. Peace.


These are a selection of my Parkhurst boots showing their last evolution from their 2018 number 18 last to the Andrew Savisco design 602 last and then when they moved from their partner factory in Upstate New York to Spain during COVID the Spanish 602 and later 602 M last Now let's see how they've evolved and what you can expect in fit and sizing in the current last Hi, good day. How are you going? Welcome to boot loss ify if you're new here My name is tech and I acknowledge the traditional custodians of the lands I live on in Western, Australia the widget people I Have 14 pairs of Parkhurst boots to date 15 if you count their collab with Nick's handmade boots People ask me what are my favorite boots? I honestly don't have one But if you ask my favorite boot brand, it would have to be Parkhurst. So a bit about Parkhurst As a brand it's a it's a really small brand and his run Managed and worked on by one man the founder Andrew Savisco He was a finance analyst who had a passion for American heritage boots and started the brand in 2018 by bootstrapping The startup literally with his own savings. No investors. No kickstart campaign in order to retain control over his vision If you want an insight into the man and his struggles over the covert years go and see my interview with him up there During the height of the pandemic Andrew struggled to keep his American supply chain But many of his suppliers shut and even the factory he teamed with the former PW minor factory in upstate New York That had been rescued as the artisan boot and shoe company Finally called it quits and shut down With literally no way to turn Andrew could have followed But he was introduced by his other factory and supplier partners in the US to a Spanish factory Which could supply materials and make boots at small runs and make those small runs economical so park has moved manufacturing to Spain in What I want to say 2022 and started to make boots again During the history from founding in 2018 They have evolved their lasts and that will have an implication how their boots fit For example, all of these boots are us 8d But if you compare this Richmond boot in Ray's reverse Mohawk Against the Richmond boot in light natural double-shot leather You'll see the different shape to the toe box where the Mohawk Richmond was made on the older 18 last and Showing a more almond-shaped toe than the double shot in Parkhurst's 602 last But before I go on Not all of my viewers are boot nerds who study all the cobbler videos and how to make videos on YouTube So let me explain about lasts This is a last This is a vintage last I got locally But what it is is the foot shape mold around which you build your boot in this case This is a shoe last It would be obvious that whatever boot this is made on this last will be a quite low profile in the toes and Also with a sharp almond-shaped toe box So it should be obvious that the boots you make their shape will look like the last. That's why an iron ranger Looks round in bulbous. It's built in the round bulbous toe last That's why an RM Williams Chelsea boot Looks slim and has a pretty pointy chisel toe. The last it's built on looks like that Boots are made on the last by first sewing all the pieces of the uppers together and then you pull them around the last Depending on what type of construction a boot is made in usually you start with nailing the thick leather insole to the bottom of the last Then you pull the sewn uppers around the last and pull them tight and nail them to the inside to the insole and the last The uppers are left there until they take on or are trained to stay that shape probably several days The wealth is then sewn on to the insole and the uppers Then you fill in the cavity caused by the thick wealth forming like a wall around the edge With cork or some other filler Then you glue the midsole and outsole on and you sew the whole lot together through the outside edge of the wealth depending on Construction method. I missed a few steps there. There's shanks and gammings and things, but we're getting too technical Now a last can be bought from last makers for example spring line in the UK is a famous last maker designing and making lasts for many UK brands and bespoke makers Sometimes the boot brands design their own lasts and then get them manufactured in wood or fiberglass or plastic by last makers It gets fancy these days some of these contract last makers do 3d printing and stuff Sometimes like the Indonesian boot makers they design and carve their own last themselves from a block of wood. This is a block of wood vintage Okay, so as a boot brand you bought or you designed and made one last But what sizes it if you have a size 10, how do you make boots that are sizes 8 9 11 and more So you have to decide to buy a few maybe the more popular sizes But wait, what width is it a D? What about people who have skinny feet or wide feet? Bugger so with all the sizes of lasts that you bought you now have to buy them in multiple say three widths But wait, hold on You're getting multiple orders for a size 10 D But you only have one last in 10 D Does that mean the order has to wait and you delay manufacturer until you finish one and then start the other So damn you have to buy multiple lasts of the same size and width You starting to get the picture That's why some of the smaller boot brands offer a limited number of sizes and widths That's why Indonesian boot makers for example takes so long to make a pair of boots. You may have to wait your turn Depending on who owns the design and on customization One boot last could cost up to 750 US dollars So say you decide to offer sizes 7 to 11 in two widths D&E Now that's 10 individual physical lasts and say you want three copies of each to keep production going That is 30 individual lasts. So they cost you five hundred dollars each That's an investment of $15,000 that's before you even sell your first shoe So next time you see a small brand not offering half sizes or not offering doubly width or something Show a little understanding, I guess Anyway, back to Parkhurst When they started in 2018 they offered the number 18 last This Richmond in the reverse Mohawk is made on the number 18 last You can check out one of my earliest boot reviews on this up there As you can see, it's quite a slim looking last and a firm favorite amongst the earlier Parkhurst collectors in my standard 8d it's a good fit with a Snug heel quite a snug waist enough room in the ball of the feet Before closing into a pointy almond shaped toe It's different from other pointy almond shaped toe boots that often look Longer to fit your toes in without squeezing them That's because in this case it sharpens down from a wide ball of the foot quite quickly. I Actually love this look, but it's not my best fit. I can feel my toes at the side of the toe box As far as I'm aware Parkhurst at that time offered only one width and Andrew used to advise people with wider feet to size up by a half This kind of makes sense because of the last measurements. They would be proportional a longer size means proportionately wider ball But not everyone was able to do this, especially if you were borderline going up a size anyway The longer length might not have fitted you length wise. I think that's why the 18 last was discontinued Soon after foundation the 602 last was introduced. This one is an early 2022 model The Richmond and Seidel's light natural double shot Andrew designed a 602 last himself It's called the 602 after the designation of the landing ship tank that his grandfather served on in the US Navy It's called a combination last like the famous old and true balance last Where the heel starts in a B width and the forefoot opens out to a wide slightly oversized D width going on E As a combination last it looks it locks your heel and waist in for stability and offers pretty good arch support Because of the narrow waist but also offers plenty of room in the ball of the foot while still technically an almond-shaped toe Compared to the 18 last it's a lot more roomy and less restrictive at the little toe side of the foot This is one of the best lasts for my feet In an 8d my regular boot size I feel secure without any heel slip once it's broken in the ball feels snug like a proverbial firm handshake With room in the toe box to curl my toes in Profile it retains a fairly low profile and in my view Arrivals the sleepless of a vibe about 2030 last When park has moved manufacturing to Spain I personally believe a new type of 602 last was used before the development of the 602 M In my discussions with Andrew nothing's been said and it may be due to legal commercial and confidence reasons but When the Batavia, New York factory shut it is possible that the small brands using that factory Lost their physical lasts to the liquidators In the contract factory world as the purchase of the last are very expensive Sometimes the factory will order and get the last made and fund it the bootmaker then pays them a license fee And then after a while ownership of the last move to the brand once they paid it off It is possible that when the factory closed they had legal ownership of the lasts or simply Possession between tenths of the law. They couldn't prove legal ownership and the liquidator took them I do know of another small brand that told me in confidence that they lost a lot of money by beat by losing control of the last That they had in the factory So if that's true, and I stress I do not have any confirmation of that Then parkers would have had to get new physical last made and shipped to Spain The reason I think this is what happened is that the look and feel of the early Spanish 602 last parkers boots Look and feel slightly different This is the 2023 Allen boot Parkhurst's plane tow model in CF Steads Gaucho mousse You can see my review up there If you ignore the plane tow and look at the profile in comparison to the double shot The curve down to the tip of the toe is a lot less steep On foot it feels slightly roomy in the tow box And this is before Andrew it just at the last into the slightly larger 602 M That Spanish 602 last felt good, but in my opinion I think not as good a fit for me as the New York 602 lasted boots They were a good fit rather than fitting like a glove More recently Andrew Divert the 602 M last initially to make the mock tow Niagara You can see my Niagara review up there and to make the Elmwood Chelsea's both of these boots needing a little more tow volume Since then he has made the 602 M the standard across all the models The current 602 M adds about one millimeter across the vamp area in the tow box Doesn't sound a lot, but it does affect the feel if not the fit This is the Allen in natural Dublin veg tan and is made on the current 602 M last If you compare it to the older goucho mousse The eye can't spot the difference. So there's no change to the aesthetic of the boot However, in terms of fit the 602 M Can take a thick what will unsock on my feet and I've actually put in a thin ortholyte insole Andrew says that it will affect those with narrower feet or lower volume overall or those with lower insteps Now if that's you like me I think you will feel the extra volume and Andrew says that if you fall into this category You may need a size down a bit a half size down more from your typical 602 last size My preference is still for the original 602, but the change to the 602 M has been marginal So it's still the best last for my feet even if I have to put in an insole The change is not enough for me to have to size down If I'm picky though I could say that the 602 M in my regular size makes my feet more tired Unless I wear thick socks or use an insert because my feet feel like they're you know trying to get purchase inside the boot when you're walking So what should you do if you order in the current 602 M last if you're a regular D I wouldn't panic I order in your regular 602 size or regular boot size, you know go a half down from brannock Park has generally offer sizes between 7 and 12.5 with a sprinkling of half sizes in between The standard in the combination last is BD width and you can to some extent Successfully size up or down by a half to accommodate slightly wider feet or feet on the cusp of going from D to E In some models Park has also offers double E width if you hover over shop collection on their website Link below in the description. You'll see wide widths in the drop-down Not too many remember what I was telling you about the cost of different lasts If you are puzzled contact Andrew through the email on the website He's really very good in responding and everyone myself included says that he gives one of the best personal customer experiences in the boot world Sometimes though and people have told me his lasts just don't work for them Sometimes a boot last just isn't for you as I know to my cost in some boot brands Okay, there you go. I hope that's been of some value to you Hopefully you've learned something about lasts about being in the business of making boots and of Parkhurst Evolving lasts and fit If you enjoyed the video, you know what to do make click on like and of course if you're still not subscribed What are you doing? Go click on subscribe Until the next time you take care and I'll see you soon


QuickBooks desktop 2024 negative accounts receivable subscription unearned revenue monthly invoicing and revenue recognition. Get ready and some coffee because we're locking into some non-stop QuickBooks desktop 2024. First a word from our sponsor. Actually we're sponsoring ourselves on this one because apparently the merchandisers they don't want to be seen with us but but that's okay whatever because our merchandise is is better than their stupid stuff anyways like our crunchy numbers is my cardio product line now i'm not saying that subscribing to this channel crunchy numbers with us will make you thin fit and healthy or anything however it does seem like it works for her just saying so yeah subscribe hit the bell thing and buy some merchandise so you can make the world a better place by sharing your accounting instruction exercise routine if you would like a commercial free experience consider subscribing to our website at accounting instruction dot com or accounting instruction dot thinkific dot com here we are in our QuickBooks desktop sample company file we set up in a prior presentation looking at the enterprise version of the QuickBooks desktop software so we can practice using the new unearned revenue feature within it in the view drop down we have the hide icon bar selected open windows list selected open windows on the left hand side company drop down we have the home page open let's go to the reports opening our major financial statement reports as we do every time reports and company and financial starting off with the balance sheet standard customize the report change the range 010127 tap 12 3127 january to december 2027 fonts and numbers i'm going to bring that font on up to 14 like we do every time okay yes please and okay dropping down the reports again company and financial this time the p the l the profit the loss the income statement changing the range but i only want three months out this time so from 010127 tap 12 not 12 033127 three months out that's what we agreed upon so then we're going to say that this is total only no we want month by month breaking it out month by month for scenario by scenario here customize in the report so we can see it better in the uh screen recordings fonts and numbers changing the font on up to 14 again okay yes okay there's the setup process we do every time let's go back to the home page and we're comparing scenarios here on how we can deal with this unearned revenue situation so we started with a normal scenario we had an estimate we make the estimate into a sales order if you don't have the enterprise version you might not have a sales order but it's kind of just like locking in the estimate and then in a normal process we might simply go to the invoice at that point we possibly also might need to buy inventory in some cases in which case we can buy inventory but on the sales side the next step would be the invoice we receive the payment then we make a deposit but what if we want to get the deposit first two scenarios will run in first scenario we have a big sale of something and we get a deposit like on our surfboard the psychedelic surfboard that we sold and we wanted to get a down payment because we had to order the custom surfboard and we want to make sure that someone is committed to it so that we can make the order in that case we made an estimate we made a sales order and then we jumped over to the received payment and there's two ways we can think about receiving that received payment the old way using a negative AR which still has its pros and cons and or the new way which would be linking it to the unearned revenue which is the new thing which we'll talk about later we've practiced the old way the negative AR then we entered the invoice which maps out the AR as well bringing us back into our normal spot once we get the psychedelic surfboard and then we had to receive payment and and we're good to go and we end it off or we can have a subscription model which is the model we're focused on this time in which case we might have the the same estimate we might make the sales order but then we're going to go to the received payment here not have to deal with inventory possibly but receive like a year's worth of money upfront and that's just our normal model like a newspaper model or a magazine model or an online application model some kind of subscription service type of model so the way we should recognize the revenue then is by not recording the invoice when we get the money because we haven't earned it at that point in time we should put it into unearned revenue or liability but under the old method we could still use the negative receivable in that case if we wanted to that's what we're practicing this time and then we'll compare it to the new method so this time we have this negative receivable that we put in place so we're imagining we sell some kind of subscription a newspaper or something like that last time we did the estimate we did the sales order and then we received the payment in our case we're saying five months of payment upfront and then now we're going to have to invoice the client and that's what we're going to be doing this time okay so let's recap the process so if I go into the customers drop down customers and the customer center then on the left hand side we named our customer the third because this is the third scenario with that we ran we first made the estimate here's the estimate opening that up and notice to what we did here which is different than the deposit scenario we actually made a different item for each line item of a monthly payment which might make it a little bit easier when we're trying to tie that out and recognize the revenue because we broke it out into revenue recognition chunks of monthly chunks that we can pull over to the invoices so I'm going to close this back out we converted that then nothing was recorded from that that was an internal document that we're tracking then we had the sales order that we created from the estimate looks very much the same here that we have on the sales order pulling it out also internal document and then we've created the payment which is the prepayment and we note that when we got the payment usually it's linked to an invoice but it's not in this case resulting in this negative accounts receivable for this customer of the 188 56 if I look at that from a journal entry standpoint the journal entries over here then we have the estimate the sales order the sales receipt this is the only one that had an actual transaction if that was the only thing in our books it would increase cash and the other side's not going to revenue and not on the income statement because we have not yet earned it it should be going to an to a liability account but it's not we're doing the old method that it's in the accounts receivable as a negative receivable which will not necessarily convert your whole receivable to negative as it's doing here because you'll have other receivables in there possibly but that for that one client it's basically a negative receivable and technically that would be wrong for reporting purposes but it's pretty easy to track from an internal bookkeeping purpose because now we only have one sub ledger tying out to this accounts receivable that's like the pros and cons of it if I just to check that out again if I close this out and I go to my balance sheet over here then we can go to the AR so here's the AR if I look at the sub report of that reports drop down and we go down to the customers and receivables and take a look at the AR balance detailed report let's say so there's our AR see how it's in there as a negative for that particular client let's customize it and make it larger fonts and numbers so it's a little so it's got 12 this time let's not go crazy with the 14 just bring it up to 12 so there's the negative AR now now note that my total AR is not negative right so if I go down here it's it's still 92 8 19 on the positive because I have other AR in there that's positive but for but it should be then if I go back to my balance sheet it's and it ties in over here that's the point the sub ledger ties in that's the good thing the bad thing is the AR is is understated and we should be breaking it out for a liability but it's a timing difference and so that's the that's the pros and cons okay so now if I go back to the homepage what's the next step well in this case we we did the estimate we did the sales order and then we did the received payment now when unlike the deposit scenario with the psychedelic surfboard we don't need to collect anymore we've collected all that we're going to collect until the next round of of the next year or in our case five months of payment so what we're going to do is now just periodically monthly as we do the work we're going to invoice and the invoices are going to be then lowering the accounts receivable which has a negative balance in it because we'll apply the credits out to it and the other side's going to go to revenue recording revenue as we earn it which so that's going to be what we'll do here so let's do that we'll go to the customer centers probably probably where we would go that not that one customer center and then I'm going to create the invoices from the sales order so I'm going to open the sales order and then I'm going to piece out these one at a time these monthly chunks one at a time so I'm going to say okay let's go up top and say we're going to create an invoice from it and then it says create invoice for all the sales orders I'm going to say create invoice for selected items we only want the selected items because I'm going to be pulling in one of these items at a time so we'll say okay so and if I'm on the first month I'm going to unselect all these and just select the first month and then you see how see how that works that's why we created these items imagining that this subscription was for five months in our case so that we can recognize revenue one month at a time so I'm going to go okay let's do it so now we have our invoice so our invoice tab and through it tab and through it we got oh three let's say oh seven two seven tab tab tab tab it pulled in just that first item of the subscription model for for month number one that's what that one stands for we probably could have named it a little bit better but it's for $35 because we said the total was going to add up to whatever the total that we thought it should add up to so it came out to 35 I think it was what did we do let's let's what is this whatever stuff you're the one doing the problem can't you tell us it was 175 divided by five months $35 okay and then and then we had the sales tax not you might not have a sales tax if it's a service item depending on where you're located but that complicates it a little bit so we'll add the sales tax just to make it a little bit more complex in case that's the thing that's going to be 271 and that's going to give us the 37 71 now no this probably wouldn't happen till the month after that we issued it so it probably should better be in like 040127 let's say and then so then there's the 37 71 if I so what's that good what's that going to do it's an invoice invoice is going to increase accounts receivable which for this customer has a negative balance right so we'll decrease the negative balance and accounts receivable for that customer in the sub ledger and then the other side is going to be going to revenue and we don't have to deal with inventory or cost of goods sold in this case because we're not tracking that in here so if we did that over here on just journal entries we would say okay AR is going up but then we have to deal with the sales tax because we had a sales tax thing happening and then the sales and then we have sales or income so the amount is going to be the amount is going to be equal to the sales is going to be going to say negative 175 divided by five or 35 credit and then the sales wait that was the sales let's put that down here and then the sales tax I'd rather on reverse these two sorry about this I apologize I'm going to reverse those two I think it looks better that way I think it looks better that way okay and then the sales tax we said was 0.0 775 so I'm going to say this is going to be equal to this times 0.0 775 and then that means the receivable oh now now this is all in the wrong thing this should be over here this is just you're just messing do it over no I'm not doing it over invoice number one let's say month one and then this is going to be negative sum of these two okay it makes sense we know what's happening so now this negative receivable is going to go down so if I double click on this and say plus negative receivable goes down and so then so now I have five months left of the receivable right and then or four months left because there was five total and then we have the income is going up by 35 and then we have the sales tax payable is going up so now we're recognizing the revenue of the 35 that's an increase that's income that's why it's green of the revenue as we earn it let's do that over here and say record it and check it out on the side save it and close it and see if that is indeed what happens so we're going to go to the balance sheet and we'll go into the A to the R and we're going to say that this happened on the A to the R doned a I think I had the date I should have put the date as a four and I put it as a one so I'm going to double click on it let's go back into it you really just a mess today you just is just everybody's going to be confused get ready to hear about this in the comments so I'm going to save that okay so there it is there so so now so there's that I'm going to close that back out and then the other side is going to the revenue on the profit and loss and so I'm going to bring this out to 04.3027 let's say so now we have the income that was recognized over here no income recognized in March because we're collecting it on a month by month basis and we'll say that we collected it or we earned it in April I probably should have said I earned it like at the end of March or part of March and part of April if it was over let's actually bring it back to March here I'm going to go back into it are you kidding me are you kidding me right now no it's not that bad I'm going to go because then it gives me more room so we can see it and then I'm going to say save it there so then okay so now we recognize it in March and then the next one will recognize in April so we'll just get an idea of how this kind of how this works because okay so that's going to be what we do and then if I go to the balance sheet and we go to the cusp if I go to the customer balance detail report and scroll up to the top we've got the payment and notice how these fit together nicely that's what's good about this report or this method even though I still have a negative receivable which is technically wrong it's really easy to see what is happening on one sub ledger that's the benefit of it it's like oh okay well there's the payment and there's the invoice that mapped out right to the payment and then in the customer center you could see it pretty easily over here because here's the invoice and and we see the payment and it's netting out and here's the balance now if I go back into the invoice it hasn't been applied out I should have applied it out so I could apply the credits now I think there's if you have the certain settings on it'll do that automatically it like when you say close it'll say hey there's a credit that you can assign out here but that's not always good to have on all the time because you don't always want to apply that out so I can manually apply it so let me show you what I mean this amount right here for the the payment if I go into that I could apply it out to this invoice this way and apply it apply it out that way this invoice wasn't there when we made the payment because we made the payment before the invoice but it's probably easier to go back into this invoice and then say we want to apply the credit so I'm going to apply the credit now it's applying out that credit amount of 188.56 only 37.71 of it leaving us the balance of 150.85 done and this isn't going to record anything new but it gives us the information at the bottom here so it still records the same thing so I don't have to like go back and look at the financials again it's still recording a accounts receivable increase 37.71 the the sales increase 35 and the sales tax increase of 271 even though we're not actually charging anyone anything this is just an informational thing at the bottom and this is of course an invoice that we could give to somebody if we wanted to show the the the the subscription as it was passing and and as it you know was being applied out as we did the work as the as the months passed okay so then let's do it again so so in this process unlike the the psychedelic surfboard deposit we're going to just keep doing the invoicing this is like the classic book problem scenario for an accounting problem where you're doing like a subscription model so now I'm just going to keep on every month doing the same thing until the subscription is up right so we would go so I could go back into my customer balance detail will imagine no customer center will imagine another month has passed and so I'm going to say okay that's what I'll say that's what I'll say okay and then let's go in here and I'm going to make another invoice from this but I'm going to make it from just the invoice for selected items okay and so the first one's unchecked because I already did that one so now I'm just going to uncheck the rest of them I just want the second the next month and I'll say okay boom that's what I say okay I say okay a lot I say I'm going to say okay and then I do it because when I say I'm going to do something then I do it okay and I said I was going to say okay and so okay that's what I've done I keep my word okay so there we have it so then this is going to be doing the same thing the invoice is going to increase accounts receivable which has a negative balance in the sub ledger for this customer and it's going to do that for 37 71 including the sales tax the other side is going to go to revenue for 35 and then sales tax payable is going to go up if I see that with a journal entry this way it would be month invoice month number two let's see if I can do this better this time don't mess it up this time like you did last time confused everyone so that's why it gets do it a few times so that like since I can see it's going to be exactly the same right I messed people up last time but this time I'll do it right accounts receivable let's go up here double click on it go to the end of it plus and there's the 37 so AR is going down still negative but you can see what's happening here so it's still not exactly proper but easy to follow which is a good thing follow followability is something I look for in accounting systems and uh and stuff being able to like follow along and understand what in the world is happening around here let me get this straight let me get this straight I like to get things straight because I'm going to save and close I deal with a lot of handwritten records and they have crooked T accounts and crooked ledgers and so what I do is I put them into QuickBooks so I can get the record straight so resulting in records that are really just a pure delight to interact with why because I because I put the record straight well QuickBooks helped a little bit but I put the record straight so what was I doing here uh I'm going to now I've recorded that so let's go to the balance sheet and then let's go into the accounts receivable and so there's this one so there's a 37 you can see the pattern the other side's going into revenue so if I go into the revenue side of things so now see I'm recognizing it each month out on the revenue if I go into my customer balance detail report then you can see the invoice pattern so again it's not correct because it because it should be a liability but quite easy to follow you can see so then I can let's do one more uno vase moss one more time puff pour five or please and then we're going to say since you said the magic word we'll do it again invoice one more time create the invoice okay okay you didn't say the I said the magic word but I heard the magic word so that's good enough so there we have it and so this is going to increase the AR again let's do it for 0505 3127 and so increase AR by the by the 37 increase revenue by 35 and the liability by the two let's do it one more time well let's record it over here first on excel so I keep the pattern going over here I'm going to copy that paste it down here but it's a number three month a to the r let's just copy this down copy it down copy it down and then this is going to equal the 37 let's copy that down and so what happens now after the next month the AR would go down again if this was so this is like the only thing in there you can see right it's still wrong because it's negative AR instead of a positive liability under revenue but easy to follow easy to have the sub ledger ease of easiness is is a good thing don't let anyone convince you otherwise easiness it's supposed to be easy so stuff's if stuff's not easy something you're thinking about it wrong or someone's lying to you probably because they're making it complicated to try to sound smart or something so there we have that okay and then so if we so now we can see what's left in here we had three months pass and it was 35 a month times two right equals 35 times two so is that is that how how what yeah I didn't include the sales tax though so it was if I include the sales tax it's 188.56 divided by five and and now times two so there's 75 42 so that's what's left two months worth including the sales and again the sales tax are kind of throwing you know a little bit of wrench into the situation here but so so you might have to deal with the sales tax in different ways depending on where you're at but there it is the general concept is still clear see the government is one of those people that try to make that they make things complicated that's what I'm talking about it should be easy but no but no government comes in and taxes it's don't worry the tax is going to be simple you'll understand it how am I supposed to under it makes no sense you wrote a law a bill and then called it like some crazy name like an inflation reduction act that has nothing to do with like what you named the bill after and then it tells me to do all this stuff that I don't know how anyways you can see the pattern here and then if you go into the profit and loss we can see the pattern over here but something's wrong let's go into the customer center something oh I need to change the range you need to change the range going out to 05 3127 so there we have the pattern 35 being picked up per month the total net income thus far at 255 is that what we have over here no it is not but I'm just looking for these three months so I've got 35 plus 35 plus 35 105 so that's what we have over here 105 for this third one because the other two months were using the last one so we did scenario number one with with no the normal routine no prepayment scenario number two the psychedelic surfboard deposit scenario number three is the unearned revenue subscription model where we haven't yet collected all the revenue because we only went three months out instead instead of the last two of the five months but hopefully that gives you an idea of the normal kind of processes and how they might work under the negative AR system and then in future presentations we'll do the same latter two with the with the unearned revenue which will add another account over here on the balance sheet instead of having and we'll see some pros and cons because again it's great to have the unearned revenue properly recorded down here but it also means that we have two accounts that we have to deal with sub ledgers for our customers which makes it a little bit more difficult on the bookkeeping side of things but that those are the pros and cons


So, how was it when you were a child, were you… were you put into a school to go the systematic way where you learnt your maths and Hindi and… sorry, maths and language and, you know, and did you keep up with it? Do I look that educated? Don't insult me like that. Actually, you know, when I go and stand in the line, in the immigration lines, particularly in America, they look at me and say, can you speak English? Because I have that uneducated look, it's not easy. Do you know… do you know what it takes to remain uneducated? Education is just twenty years of going somewhere and getting one certificate. To remain uneducated, it's very difficult.


Japan is doing all right and as expected, unlike unexpectedly. That's my interpretation. During the past 12 month period, at least, Japan's economy is doing an excellent job. Let's put it. The labor market, you correctly pointed out, the tightest during the past half century perhaps. Corporate profits highest ever. Well, to the extent I know, I don't know pre-World War II history, whatever. But the highest in terms of yen amount and also in terms of return on equity, return on sales as well. So corporate profitability is very, very comfortable. Labor market tight, but inflation still low. Japan's CPI inflation is now running below 1% despite all this. So BUJ study says that inflation expectation is anchored around 0%. While 2% in the US and 1% in the Eurora area according to Federal Reserve and ECB studies. So inflation is low and reflecting this or each other, inflation expectation is low. Many pundits say that the Phillips curve has become flat or flatter than in the past, at least. They say there have been structural shifts in inflation dynamics. Therefore don't worry about inflation. That's perhaps the majority's view of economists. I'm afraid that they are simply so myopic as to believe that this time is different. In my view, the Phillips curve is really a curve. It's not a straight line. Phillips line is a curve in which there is an inflection point. In case of Japan, the inflection point appeared in history when the unemployment rate was below 3%. Sometimes 2.4, other times 2.2 or 2.8. I think in order to see the inflection point, you need perhaps a trigger, some event. Accident of a big chemical plant or that spur people to reassess inflation prospects. That's my view, minority view definitely. Let's discuss that flat Phillips curve of Phillips line later. The bottom line is shouldn't be too complacent in thinking that this performance can just be sustained as it is indefinitely. Can I also ask, we're going to come back around to it. Is the Bank of Japan correct to continue with its highly expansionary policy of keeping the 10-year bond yield at zero? Well, first of all, in my opinion, they want to change inflation expectation and stabilize inflation expectation around 2%. The basic strategy is to have people experience 2% before they change policy stance. Seeing is believing. In the economist term, inflation expectation is more adaptive than rational or more backward looking than forward looking. So people have to see actual inflation by the eyes before they believe that the inflation is reality. I think that's the basic policy of the BUJ, so they stick to their guns. Thank you.


and we hear the ID Tech X show, and who are you? I'm Greg Babe, I'm the president and CEO of LiquidX. So what does LiquidX do? LiquidX is a Carnegie Mellon University spin-out, and we develop particle-free functional inks that enable the next generation of printed electronics. So for example, the stuff that's right here in this, what is this? Yeah, this is an example of a heat trace that has been printed on a non-woven material. This could be used, for instance, in a car seat or in an apparel for providing warmth when it's cold as an example. So LiquidX, what's the idea with the name? LiquidX is because we have LiquidX printed metals, because we have silver inks, gold inks. We're developing platinum as nickel inks as well, and those are typically metals, but in our case, it looks like a clear liquid, and it is a clear liquid, particle-free. How do you make it clear? It's just a little bit of it? It's by the, no, it's clear by its nature, because we dissolve the metal, we bind the metal and then dissolve it in an aqueous solvent, and that gives us a clear ink, and it stays clear until we decide to turn it into a solid metal, and at that time, it becomes a solid silver trace, a solid gold trace, or whatever it is that we happen to be printing at the time. So this is the material right there? That's exactly it. Water clear until we decide to print it and cure it. We have a lot of focus right now in the, in functionalization, e-textiles, smart fabrics, and a lot of what we're demoing here at ID TechX this year is focused in that area. So let's check this shirt right here. What do you do with the shirt? This particular shirt is a demonstrating what we can do from a functionalizing that with LED lights. This could be something that would be a runner's shirt or it could be in a safety application, and here we have printed using our inks, and we've been able to go directly onto the fabric, so there's no, there's nothing that is laminated on here. We're printing directly onto the fabric, we're installing the LEDs directly onto the fabric, and that's an application that we think makes a very comfortable fit. So it's in there? So it's, oh, it's actually all just right here. Right there. That's it, yeah. So it's all focused right there, and it's very flexible, very comfortable. Let's go towards the screen you have over there. What do you show on that screen? Well, is this your liquid? This is just kind of a story of what we do and what our applications are. There's a great view of our inks, for instance, being water clear, and we'll also talk about what's so special about it? Well, we're particle free, and we have a water-based solvent system. That means that we can print through standard industrial ink jetting, aerosol jetting. We can also print on Gravure and Flexo, but our ink is very flexible because of the way it's manufactured. Nice. What am I seeing here in this window over here? There's a few samples of our ink on other applications. So they're printed here on, could be an antenna, printed on Kapton, P-E-T. These are also some non-woven samples of printed components. All right. And then you have a bunch of demos right there. We do. Maybe we can jump in and see. We've got some customers there too, that's a good thing. So what's happening here? So this shows a, this is once again on a non-woven, and this is a capacitive touch sensor. So you could imagine that you could build into an automobile seat or into a headliner, a capacitive, I could turn on a switch. In this particular case, we have a program that it turns on and as soon as you remove the finger, it turns off. You could program it otherwise so that you'd have to touch it again. And this is on a non-woven, right. And then you just put it on somehow. You would be a light. It could be rolling down a window, rolling up a window. How do you install it on the material? That's the best part. You just inkjet print it directly onto the material. There's no wiring. There's nothing like that. You're directly printing it onto the material and then you're connecting your components. So you put the non-woven in there. Right. You would print it. I would print that non-woven. Like you're printing a t-shirt. Just like I'm printing it. Well, in this particular case, like I'm printing a t-shirt or almost like you're printing a paper on your at home because we use a standard inkjet technology, not screen printing in this case. In a way that nobody else does it? In a way that we think we do it best, for sure. There are others who have similar processes, but we think that our ink is the best. And what is that demo right here showing? This demo is actually a color change. And this basically shows one of our inks that should color change. I'm seeing if, yeah, we'll give it a little bit of time. Yeah. It'll start to shift. There you go. How does that work? That works because the current that we build there increases the temperature. That's a thermochromic ink. And as a result of that, as the temperature increases, it changes colors.  It doesn't mean that your t-shirt's gonna change colors. You could do that if you want. Absolutely. There are a lot of things that you could change colors on in that case. So it's an end product that can change color. As an end product, you generally would be looking at something where you wanted to sense a temperature shift. And if you did, that you could get an immediate indication, for instance, that there's a temperature shift. You could clearly design a t-shirt or apparel that if you wanted it to be able to change colors, that I could print the circuitry directly into that piece of apparel. I could apply a battery and the voltage across that. And with that, I would change the color of the fabric. And what is this demo right here? Well, this demo, I can't really let you use the camera on because it's a very, very bright LED. No, it's a very, very bright LED. It's gonna break my camera. Much brighter than what's on your head. But I can, you know, I warn you that it's gonna be very bright. And what we're demonstrating here is that our ink can handle very high temperatures and then applications such as an LED. Wow. That's very bright. And that's done direct printed with our ink onto a capton substrate. Capton, is that the stuff that DuPont makes now? Yes, polyamide, absolutely, yeah. So you use a lot of that? We use more PET, polyester, than we do polyamide, but for applications like this that clearly have a higher temperature requirement, polyamide's a great product. Nice. And it still gives you the flexibility.  This is RF harvesting. So this could be like for wireless charging. So if I take this away, you see that the LED is out. If I get it down into the range of the radio frequency from that radio frequency generator, you can see that the LED is now on. Now that says that I could use this to do a lot of things, including, for instance, being able to charge a... Lost my signal there, but being able to charge a device remotely without and do it wirelessly. All right. So you say you were spinning out from... Carnegie Mellon University. So that means this stuff has been worked on for a while before already? Is it in being researched for a long time, or...? We spun out in 2009. So the business is approaching 10 years since it spun out of Carnegie Mellon University. We've developed... At that time, there was basically one ink. And at this point, we have developed many more inks, capable of being printed across basically all of the commercial printing platforms. How would you say it's the state of the printer electronics and all this stuff? How far... How much growth is possible in the near future? I think there's a lot of growth possible, and I think we're at an inflection point, a very important inflection point. I think now the designers have learned a dream about what printed electronics can really do. They're thinking more creatively around what they can do and with applying the kind of capabilities that we can demonstrate here and others as well. And I think we're at a very important break point here.