1. You said Let's change your mental experiment a little.
Scenario #1 - you are dropped into the middle of the amazonian jungle with a few things that you acquired through the telling of your stories. You have a gun, bullets, a backpack, rain gear, food, gold coins, jewelry, canoe & paddle and a bunch of t-shirts.
Scenario #2 - you are dropped into the middle of the amazonian jungle with your capability to tell stories.
neither scenario guarantees any probability of a subjects survival...over the other...effective story tellers innovate by adding value to the knowledge of the listener, while guns bullets gold will always be looted.......provide cause for envy and fear, in Franks case, i'd bet his survival probability with his stories.is as good or better....over his probable survival skills with the items provided
2. You said "If that were true, then they wouldn't retain title of the house. Your capabilities and promise would be enough. The quality of your capabilities and promise will dictate the amount of risk the bank is willing to take, but your "wealth", by your definition, isn't enough for the bank to hand over the title."
And yet, experience over the last decades suggests that is exactly what they did, handed over titles, to others who multiplied the title into products that were sold to others, in many cases no clear title is available today....because the contract between buyer seller lender has been extrapolated beyond the loans originator into the no mans land of derivative finance.. |
