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”
If a baseball player is given chances to keep batting without a count-out, then a super batter will probably come out. If the batter doesn't quit on the batting, he is likely to be a super batter. By the way, life is not three strikes out. If you're okay with that, you can keep bat at bat. "Continuity" is critical when challenging something. The only problem is that you cannot know the moment of success. So to maintain persistence, how much I desire and love it is more important. How well you do is the next question. - Joseph’s “just my thoughts”