Bonus – Bill Bonner – The Burden of Wealth
“It’s true. Wealth is a burden”, said a man from Australia. “And when you give it to your children, it’s like putting a ball and chain on their legs.” “Look, you’re not going to help your children build up their muscles by lifting weights for them”, continued our Australian friend. “And you’re not going to make them more independent, more resilient, more entrepreneurial, and stronger by making life easy for them.” Not even the Germans present quoted Nietzsche. But his remark – “that which doesn’t kill you makes you stronger” – must have been near their thoughts. Never forged in the furnace of necessity nor hammered by want and failure, their rich kids risked being selfish, shallow and weak. Based on statistical evidence, rich people are particularly susceptible to drug abuse and suicide.
“It’s true. Wealth is a burden”, said a man from Australia. “And when you give it to your children, it’s like putting a ball and chain on their legs.” “Look, you’re not going to help your children build up their muscles by lifting weights for them”, continued our Australian friend. “And you’re not going to make them more independent, more resilient, more entrepreneurial, and stronger by making life easy for them.” Not even the Germans present quoted Nietzsche. But his remark – “that which doesn’t kill you makes you stronger” – must have been near their thoughts. Never forged in the furnace of necessity nor hammered by want and failure, their rich kids risked being selfish, shallow and weak. Based on statistical evidence, rich people are particularly susceptible to drug abuse and suicide.
