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The great city can teach something that no university by itself can altogether impart: a vivid sense of the largeness of human brotherhood, a vivid sense of man's increasing obligation to man; a vivid sense of our absolute dependence on one another. ↗
Buonaparte has often made his boast that our fleet would be worn out by keeping the sea and that his was kept in order and increasing by staying in port; but know he finds, I fancy, if Emperors hear the truth, that his fleet suffers more in a night than ours in one year. ↗
Our fiat currency is under increasing stress with our large and growing trade deficits. We have a federal deficit that is calculated in the trillions when we take into account the net present value of the future Social Security and Medicaid obligations we are creating today. ↗
