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"World leaders confirmed this when they convened in2009 at the World Economic Forum in China, declaring that the world today is suffering from the biggest crisis of all times – lack of trust. From massive fraud in business to scandals in athletics, the world is rife with trust issues."-Paul Sohn
Of course, we need trust in our lives and work otherwise only strugles will occur, fear and loss will happen.
Trust is gained, never given.
I see that business relies on processes which ensure the rights of all parties. I also believe that trust will boost business but that doesn't eliminate the need for tight business processes which are based on the laws legally governing the process.
My grandfather told me ….
Keep1/3 of your money fluent (in cash or bank account),1/3 in property and1/3 in gold.
Money deflates and a crises arises you always have property to live off and gold to trade.
And yes, this concept has been practiced over centuries by rich people….
I do agree, with the statement not to trust money …. Today a $1 is a dollar and tomorrow it is worth0.50 cent. The US is printing money more than it is worth … it is still a dollar today, but what is it worth tomorrow … in another country. ….
Trust will not be built in a day, it goes with time and background or profile of two companies. I am sure any new business between two starts with money and it goes on building the trust. In longer term networking or trust between companies help to grow business but as I said it needs time.