Debt practice

Author: Ouyang Yiyun
Publisher:
Publish Date: 1998-01-01
Features: The ability of humans to survive and continuously progress is due to the fact that human society is composed of "interpersonal relationships." Therefore, as long as this relationship exists, the "mutual credit relationship" will not disappear. Thus, this relationship is also a phenomenon that sustains survival. Its most obvious embodiment is the bank. The business of banks, stripped to its essence, is to borrow and then lend, making a significant profit from "credit interest." Modern people, for the sake of appearances, use many respectable terms to conceal the ancient and somewhat raw word "credit," or what is called fundraising, loans, savings, shares, stocks, securities, and so on. Regardless of what form it takes, it is merely a variation of the word "credit." Therefore, to talk about credit and practice credit is nothing to be ashamed of. Ask yourself, in the rise of any wealthy individual, has there been a history that does not involve credit? In the establishment of any major business owner, has there been a time when lending was not involved? On the contrary, a person who does not understand the use of "credit techniques" in business practices is pitiable, because he cannot "prosper" and is even less likely to be considered "great."