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”
The first civilizations of mankind originated in arid climates. The Mesopotamian and Egyptian civilizations are examples. A city is relatively safe from infectious diseases if it is drier than wet. The key is water. It is a river where there is water while it is dry. Therefore, the shape and location of the river are important. A dry, watery zone is formed when the river flows from north to south. In other words, the city was born under the influence of disease. - Joseph’s “just my thoughts”