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Just my thoughts #0673

An asset is the foundation of all economic activity. If you have assets, you can run a business and settle your debts. The ways to create assets are ‘how one works,’ ‘how to receive gifts from others,’ and ‘how to purchase assets made by others.’ There is a way to steal, but it is a crime. If you don’t initially own an asset, the simplest and almost the only way to create one is to produce something with your own labor. Whether the product is a service or a good, it must be produced unconditionally. Trading products creates added value. Thinking about trading later and making products first is the fastest and most basic way to escape poverty. Therefore, produce even the smallest things every day. Knowledge, records, art—whatever! - Joseph’s “just my thoughts”

Just my thoughts #0240

Citizens from countries with different road systems are more likely to encounter traffic accidents at crosswalks when visiting other nations. This occurs because their instinctive caution is directed in the wrong way. The complexities of road traffic direction are surprisingly intricate. Traffic patterns are shaped by a blend of historical factors, governing behaviors, technology, and cultural practices. The safety and intricacy of older roads, once shared by horses, carriages, cars, bicycles, and pedestrians, differ completely from today’s well-defined driveways and sidewalks. Consequently, laws establish the directions for crossing streets. When examining the reasons and history behind any rule, it becomes apparent that achieving these conventions is rarely straightforward. - Joseph’s “just my thoughts”