It has been a while since I last write any blogs. Maybe I don't have anything to say hahahahhahahahahahaha

Come and read my newest article ! It is my best article so far !


http://www.bukisa.com/articles/243134_top-ten-human-fears

Squidoos

come visit my website at www.squidoo.com/ssd2

Why do most employee don’t get rich?

Employees do not get rich because they are treated like debt. This is a metaphoric explanation that I come up with to explain why employees’ remuneration is not proportional to their output. Employee that are defined here commands a fixed salaries, if there are any commission element in their remuneration system (Eg.: salesman) then that job is not within the scope of the definition.

Employees demand a fixed salary which should be paid by the company during good times and also bad times. When the company cannot pay the employees’ salary, then the company is essentially bankrupt. Therefore, like debt, employee represents a kind of financial leverage to the company.

Now the nature of debt or financial leverage in general is that the holder of debt instrument get a low and fixed amount of return because when compared to equity, a debt has lower risk. Therefore, a debt holder do not enjoy greater return when the company is making a lot of profit. Much like employees, they do not enjoy greater share of the money when the company is making huge profit, but they do get a fixed amount of salary when the company is going through hardship.

Great Books

Difference between Indians and Chinese

 

Ever wonder how these two races are different? I think one of the main differences is that Indian is book smart and Chinese is street smart.

Indians are good at number, computers and academic stuff. There are disproportionately more Indian doctors, lawyers, teachers and lecturers in the world than other races. Back in India, their IT industry is more advanced and prosperous than the rest of the world.

Chinese on the other hand, tend to be very street smart. They are good at managing their money, pretending and have good people skills. They may not enjoy much education and there is comparably less professional Chinese.