Rich men are rich even when they do not have money

by admin on October 22, 2009

Yes, rich men are rich when they do not have money. Because everyone knows he is rich, he gets loan from everyone as everyone is quite sure of getting back their loaned money. So even if a rich men does not have money, he can raise money. That is the market capitalisation of a person.

Have you tried to calculate your market capitalisation ?

A poor man is poor even if he has money. Because everybody thinks he got some windfall due to which he has some cash now, will disappear after few days. He would have difficult time getting loans from others, may be including banks.

Don’t you think, this system is unfair ?

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