Originally Posted by
Hermod
The same way the Koreans do it. They form a "till" where a large number of folks pool their money. They select one member of the group [[by lot or by bid) to take the money and start a business. He/she then pays back the money to the "till" and a second member gets the money to start his business. Eventually the whole group is in business. Of course, a Korean would rather commit suicide than to stiff his "till" for the money.
I am also wondering how so many blacks in the segregated:south prior to civil rights were able to open and operate small groceries, laundries, pressing shops, and shoe repair businesses back in the days when they faced constant hostility and violence. Today, their descendants in Detroit seem to have lost the knowledge.