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Just my thoughts #0707

Milutin Milanković argued that the Earth’s Ice Age was caused by a change in the Earth’s orbit around the sun. This change is said to affect the inclination of the Earth’s northern and southern hemispheres and reduce the amount of solar radiation. However, the main reason is believed to be that summer isn’t hot enough. The ice kept accumulating as summer passed, and winter arrived before all the ice could melt. Even in our lives, things we neglect tend to build up and lead to big problems. Small, untreated chores can produce significant results over time. Good luck or bad luck, maybe that’s all there is. - Joseph’s “just my thoughts”
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Just my thoughts #0571

A ‘transaction’ is an act of debt between parties. The seller owes goods to the buyer (performance debt), and the buyer owes money to the seller (monetary debt). A transaction is considered complete when the debt is settled and the promise to owe each other is called a ‘contract.’ Thus, a good trader or businessman excels at making and repaying debts. When it comes to debt, the type of debt matters. Anyone who misjudges this should not engage in business.


- Joseph’s “just my thoughts”




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