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And that's the one thing that people do not understand is that we have very low interest rates and if those go back to historical levels or even go back to scary thoughts that they're back in the late '70s, early '80s, then that's going to really be hard to actually pay off those debts. It's going to be a - it's going to be a very big problem. ↗
#back #big #big problem #debts #early
Well, I think by any expectation South Africa has come a tremendously long way. We've seen a society that many people thought couldn't withstand a peaceful transition to democracy without a great deal of violence, in fact, make that transition and do it in relative peace and security. ↗
#any #come #deal #democracy #expectation
Life is insanely robust, though we can make species go extinct, and this is the bad thing. So I always make the point that you can't say, 'Is it too late?' That is the terrible question, because either answer promotes inaction. If it's too late, you don't need to act; if it's not too late, you don't need to act. ↗
