Author Topic: 19th Century Americans  (Read 3671 times)

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kimba1

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Re: 19th Century Americans
« Reply #30 on: April 28, 2010, 01:24:25 PM »
mickey and I got the same interest about why we want to read that book.

I brought up the very reason for the success of chinese merchant and he said a similair phrase to jews of the east.

the magical method to business is credit.

people hated jews and chinese alike but will do businesses with them because local merchant would rather see people die of starvation than give credit.

credit is a very powerful thing.