This post explains why I give away my most valuable, non-renewable resource—time—even though I’m a typical human being and, therefore, greedy.
I won’t go that far. Unfettered, “Greed causes the inevitable irrational exuberance that creates asset bubbles. Then still more greed blinds investors to the warning signs of collapse. In 2005, they ignored the inverted yield curve that signaled a recession, according to Kimberly Amadeo. Earlier this year, she noted that blind greed lead to the financial collapse of 2008.
Corruption is also the natural result of people trying to bypass legal restraints to get ahead at any costs. Greed leads to entitlement and an elitist mentality unless it is balanced. But balanced with what? And how? Continue readingHermann says please like and share!