Re:Charlie Munger – The Psychology of Human Misjudgment
by titzer on Tuesday October 17, 2017 @06:48AM
(#15489944)
I think when you look at consumer habits (summed up in household debt, https://en.wikipedia.org/wiki/Household_debt), there is an undertone of overconsumption that runs in parallel with the hypergrowth mindset. Consumption hasn't slowed down, while wages have. Household debt and national debt follow scarily similar arcs.
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Re:Charlie Munger – The Psychology of Human Misjudgment
by icebraining on Tuesday October 17, 2017 @07:09AM
(#15490019)
Overconsumption seems to perfectly compatible with "the primary purpose of life [being] self-fulfillment and emotional gratification".