Bankruptcy cleans out the system. What’s wrong with that? South
Korea went through this in the late 1990s. They didn’t have anyone
to bail them out, … - Ziad Abdelnour
""
Bankruptcy cleans out the system. What’s wrong with that? South Korea went through this in the late 1990s. They didn’t have anyone to bail them out, and they had to go through the pain. Sweden did it in the early 1990s. Mexico did it. Russia did it. The list goes on and on. Competent people take over the assets from incompetent people and rebuild from a solid base. Business has always been survival of the fittest and Darwinism at its best. After all, this is what capitalism is all about.
Always follow your heart ... But take your brain with you too.... Be smart.
Have the backbone to go after what you want in life. It's too easy to settle.
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We live in a society that is based on 30-second sound bites. We have technology that puts all of the information of humankind at our fingertips, but we have the attention span of a three-year-old at a carnival midway on the Fourth of July. We throw around a lot of words like democracy, federal, republic, nationalist, socialist, liberal, and right-wing — but do we really know what they mean?