Tagged: risk

Going for Broke

Theory of deficit spending.– At a certain point, irredeemable debt starts to feel irredeemable. From that point, every tether is cut. It is too late to repair the damage by correcting the trend, so psychological limits disintegrate. When one feels that one is adding quantities to infinity, what is the difference between two trillion and four trillion? Or seventy-five trillion, for that matter?...

Living Forever

If the purpose of life were simply to be alive in the biological sense, then every human being would have fulfilled his purpose at birth, or rather before birth, and would therefore stand to gain nothing by going through with the rest of the process — nothing but more time. But who would carry on merely for the sake of carrying on, without...