But that's not what worries me today. America still is the land of upside, thanks to our command of digital technology and our easy affinity with tech's cultural ramifications. Our downside risk, however, is appallingly great right now. I'm not just talking about deflationary spirals, Russian implosion or the most corrupt White House since Warren G. Harding's. We are losing the collective memory of downside risk.
Life is a gift.
Freedom is rare. Prosperity can only be earned. Whenever reason is lost and judgment fails, disaster fills in. Our generation does not know this. We lucky ones don't grasp that a few bad decisions and some rotten luck can trip a sequence of events that leaves tens of millions dead.