The reasons why rich people go bankrupt are mostly due to holding too many social resources, which cannot be realized during economic downturns, leading to a lack of liquidity, and ultimately cutting losses is of no avail. On the other hand, the reasons why poor people go into debt are mostly because they have not found a way to seize wealth, and their income cannot meet their expenses, resulting in an ever-increasing shortfall.

Rich people have many ways to avoid bankruptcy risk, with the core point being to stick to their main business and not invest blindly, especially when the economic situation is excess; they must keep risk awareness in mind. However, most people are blinded by victory, thinking that everything is under their control. There’s nothing you can do about it; pride is human nature, and very few can remain humble and cautious even at the peak.

For the poor, it is important to try to get their business on track. In fact, the overall economic environment is not enough to have a fatal impact on the poor's businesses because a small boat can turn quickly; being flexible and agile is your greatest advantage. An old saying goes, 'Big businesses fear losses, while small businesses fear consumption.' This actually conveys the same meaning. Think deeply, and that's how it is.