Time is wiser and smarter than humans. The reason a regular income is necessary for escaping poverty is to fully utilize time’s value. If a person without a regular income invests, they must invest with money that cannot afford to wait, which forces them to spend the investment funds while waiting for the right opportunity. This may lead to missing a good investment. If the person has already invested, they might not be able to wait to recoup their investment, resulting in debt to others. Individuals who struggle to use their time effectively due to insufficient assets must generate a regular income unconditionally. The reason for having ample assets is to buy time. - Joseph’s “just my thoughts”
Here a product is being made by only three countries, South Korea, China, and Japan. It's not a semiconductor but a nail clipper. You might think that a nail clipper is not a big deal, but it's not as simple as that. Nail clippers are a combination of all sorts of advanced technologies. In the 1980s, South Korea could produce submarines and battleships, but they did not possess the technology to produce nail clippers. When the upper and lower teeth are in mesh, the chink must be 0.1 to 0.2 millimeters. When perfect engagement, the nail is not cut properly on the contrary, the outrange of this tolerance, is cut out coarsely. Today, thanks to technological advances, South Korea has been able to narrow this chink to between 0.05 and 0.08 millimeters. South Korea, to achieve this goal, produces a special steel called "15CM" through POSCO which is specially made for this nail clipper. Many different advanced technologies are combined in this tiny nail clipper. Don't ...