Debt : The essence of wealth is ‘debt.’ Liabilities are regarded as debt capital and included as assets in accounting . Isn’t it odd? Debt is classified as an asset... The fundamental idea that currency is created based on the principle that debt arises is crucial. Debt can serve a positive purpose by lowering opportunity costs , but it can also be harmful if not repaid, as it deprives others of their opportunity costs since it must be paid back. Managing debt properly is essential for a company's capabilities in certain situations. Understanding others’ debts can help maintain good credit. However, there are limits to examining others’ debts. Instead, we can monitor the flow of money as an apparent interest rate. Therefore, recognizing and responding to interest rate fluctuations during economic activities is extremely important. - Joseph’s “just my thoughts”
Zebra appears in the animation Madagascar. He also wants to return to his hometown because he is confused about whether he is white on a black background or black on a white background. There is no difference in the background and pattern change. In zebras, “horse” is the identity, not the striped pattern. The pattern is just a feature. Many people confuse features with identity.
- Joseph’s “just my thoughts”
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