I really do believe the final act in play is a crisis in our financial institutions, which are doing such dumb, dumb things
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In "The Big Short: Inside the Doomsday Machine," author Michael Lewis highlights a significant crisis within financial institutions, emphasizing their misguided actions that contributed to the economic turmoil. He suggests that reckless decision-making and a lack of foresight among financial leaders led to a calamitous situation that many failed to predict.
Lewis's narrative delves into the intricacies of the financial system, illustrating how poor judgments and inadequate responses created a perfect storm for a financial disaster. The book serves as a critical examination of the factors that can lead to systemic failures, urging readers to reflect on the implications of such behavior in the world of finance.
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The value of money is subjective, depending on age. At the age of one, one multiplies the actual sum by 145,000, making one pound seem like 145,000 pounds to a one-year-old. At seven – Bertie's age – the multiplier is 24, so that five pounds seems like 120 pounds. At the age of twenty four, five pounds is five pounds; at forty five it is divided by 5, so that it seems like one pound and one pound seems like twenty pence. {All figures courtesy of Scottish Government Advice Leaflet: Handling your Money.}
Alexander McCall Smith
Look, if you say that science will eventually prove there is no God, on that I must differ. No matter how small they take it back, to a tadpole, to an atom, there is always something they can't explain, something that created it all at the end of the search.
And no matter how far they try to go the other way – to extend life, play around with the genes, clone this, clone that, live to one hundred and fifty – at some point, life is over. And then what happens? When the life comes to an end?
I shrugged.
You see?
He leaned back. He smiled.
When you come to the end, that's where God begins.
Mitch Albom
You say you should have died instead of me. But during my time on earth, people died instead of me, too. It happens every day. When lightning strikes a minute after you are gone, or an airplane crashes that you might have been on. When your colleague falls ill and you do not. We think such things are random. But there is a balance to it all. One withers, another grows. Birth and death are part of a whole.
Mitch Albom