Never Gamble

Weekly Reflections

Today I saw two news about gamblers committing suicide due to debts. A female primary school teacher in Liaoning borrowed 1 million yuan from parents to participate in online gambling and committed suicide because she was unable to repay. A male employee of Tencent lost 5 million yuan and attempted suicide.

When I first graduated from university and worked as a salesman, I followed an old salesman to run business. Every night, the old salesman would play mahjong with customers until late, and sometimes he would deliberately lose some money to customers. The old salesman reminded me again and again that I must learn to play mahjong. This is a basic requirement for doing business. Everyone in the company plays mahjong. But I really couldn’t get interested in mahjong, and I haven’t touched mahjong so far. Later, a salesman from the group’s Hunan branch owed debts due to gambling, absconded with customer payments, causing major losses to the company, and the chairman was punished. Since then, the company has explicitly prohibited employees from gambling and playing mahjong. But how can gambling addiction be banned?

Nine out of ten bets lose. Everyone knows the truth, but gamblers participate in fun with the mentality of small gambling in the early stage. Once they lose money, they will have the gambler’s mentality of wanting to turn the tables. First lose the principal, lose the borrowed money, until finally the debt is high and no more money can be borrowed, and finally commit suicide in despair. In particular, now that gambling is online, everyone can participate at will, and it is highly concealed, making it difficult for others to discover.

To prevent gambling infringement, we must first form a correct concept of wealth, fully realize the harm of gambling, and resolutely not participate in gambling. Gambling is like drugs. Once contaminated, it will be damaged for life. Second, both families and enterprises must build firewalls, for example, establish joint accounts for family assets and cross-supervise. Enterprises must resolutely dismiss gambling personnel, clean up the environment, and establish a sound financial system. All account transactions must go through corporate accounts to prevent problems before they happen.

Agri-Food Tech Express

• Cargill, Sysco and the National Fish and Wildlife Foundation (NFWF) jointly launched a US$5 million low-carbon fund to support the low-carbon development of the dairy industry in the southern United States, planning to reduce carbon emissions from breeding waste by 360,000 tons per year.
• OneSoil raised US$5 million in Series A funding to expand into European and North American markets. OneSoil mainly uses machine learning and satellite imagery to provide farm analysis solutions for farms, such as planting and fertilization suggestions. At the same time, the company also cooperates with agricultural input producers to monetize data.
• Brazil’s Agrolend raised US$1.6 million in seed funding to develop agricultural finance business. Due to agricultural natural risks, lack of collateral, bank management costs and other reasons, it is difficult for small and medium-sized farmers to get loans from large banks. Agrolend cooperates with agricultural input producers and adopts a low-cost pure online model to issue loans to small and medium-sized growers.

Published at: Apr 24, 2021 · Modified at: Dec 4, 2025