FAILURE IS IMPORTANT!
It's the only way you get better. IF YOU TAKE TIME TO LEARN THE LESSON.
Rewind to this very moment... People are not being allowed to fail. Society is being duped into believing we are not in control of our lives and that an all conquering power will come in and save the day.
What's even worse, we are praising them for it.
Big companies have made huge profits over the last 14 years. Quite possibly the largest bull market in history. Profits everywhere, share buy backs to increase stock prices, huge corporate earnings in the billions, CEO payouts that have been crazy amounts.
Happy days, or was it!
Fast forward 2 weeks later into a crisis of debt and destruction, these same companies are now crying poor. We need a bailout, we are in too much debt, our stocks are crashing etc etc. It could also be said for the general public, we have had roaring stock markets and great investment opportunities. Sadly the general public are not taught these instruments, without self learning.
Now, people may be upset about this and honestly they should be... but what these corporations and businesses have been doing is just playing the game the Reserve Bank and Governments have been applying for years since 2008 Global financial crisis.
They day the Federal Reserve bailed out banks and "printed" (Typed) Currency into existence, this set a precedence for the rest of the world. All companies that are "too big or important to fail" had life line. We can use money to invest internally behind the scene's and if a downturn comes... DON'T STRESS, The Government will bail us out.
You see, if the broken system had been addressed back in 2008. YES, It would have hurt BUT we would not be in the situation we are in now; Central Banks Bailing our everyone even countries. Debt is 10x what was required, Economy is falling harder. More poverty to come.
We did not learn the lesson.... it was observed but most people don't learn until it becomes unbearable and change is forced. aka Revolution.
You see, I believe the law of the universe is you must fail to get better. You cannot see your flaws if you are not allowed to make mistakes.
The western school system has been unconsciously training this in to students forever, "Don't make mistakes, If you receive anything under a C- you FAIL etc etc. Now is this really true in real life?
NO. You just learn.
This is what the FREE MARKET teaches you. Outside of the school system. Outside of the financial system of the corrupt.
The only way to get better is to make mistakes and learn. No matter how bad the repercussions are.
This is what brings expansion and better functioning systems. Progress!
Until this lesson is learned, there will be no lesson... Nobody will understand mistakes... People will fear real life and keep relying on the life support of "free gifts" from bail outs and eventually Universal Basic Income... Getting paid to survive without being productive.
There is no such thing as a free lunch, but its easier to fool people then it is to convince then they have been fooled. - Mark Twain.
All the best.