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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”

Just my thoughts #0157

When it comes to people, what is more frightening, guns or bullets? Of course, it is a gun. People are more sensitive to direct threats than indirect threats. The invisible is not afraid. The essence of fear comes from the “unknown,” but it also comes into contact with calculations that seem more likely to be a threat. The free time that threats have not yet been implemented plays a rich soil in corruption and crime. However, the guns and bullets are all scary. - Joseph’s “just my thoughts”

Just my thoughts #0011

On the economic front, a relationship that believes in each other is much more beneficial than an untrustworthy relationship. Disbelief results in inefficiency and leads to increased costs. Nevertheless, most of us choose to be distrustful because our experiences of loss from betraying after we have trusted someone are clearly visible and the benefits of cost savings by trusting someone are invisible. My attitude toward the world determines my actions, in our distorted experience, we regret and conflict daily. Even though we know it's a loss, we continue to cling to our foolish choices. - Joseph’s "just my thoughts"