What do you think of this quote from F. Scott Fitzgerald?

[WhiteShoulder]

“I went bankrupt two ways: first slowly, then very quickly.”

[Anpu23]

That's the way it usually works. I really enjoy Fitzgerald and can't place the quote, Great Gatsby? Anyway when I went bankrupt it was very quick, a matter of weeks, but my situation was unique. Most people lose their money in a trickle at first, then if they don't stem the tide it hits hard.

[WhiteShoulder]

One of the short stories in Babylon Revisited

Also refers to emotional bankruptcy

[Anpu23]

Ah, of course, surprised it didn't include moral bankruptcy as well. He was great for double if not triple entendres

[WhiteShoulder]

That too!

[DictumVeritas]

It is an apt way to describe how the roots of a failure are found in the cascade of decisions made over a prolonged period. Muck more poetic than the overly quoted "hindsight is 20/20".

[WhiteShoulder]

Agreed

Sometimes we make really bad mistakes

[DictumVeritas]

Oh that we do, that we do. Some mistakes worse than others and some just out of pure stupidity. But then again I'd rather be lucky than right because most of my really bad mistakes was just a bad mistake amplified by rotten luck.

[WhiteShoulder]

Very true

[Brainsbeforebeauty]

It means you can think you have it all, but lose it in the blink of an eye.
Nobody is really safe from the fear of bankruptcy.

[WhiteShoulder]

Bankruptcy can also be a metaphor for your life collapsing

[Brainsbeforebeauty]

Very true!! I've been bankrupt both ways

[WhiteShoulder]

I have emotionally

[Brainsbeforebeauty]

Both suck and wouldn't wish on anyone. Hope things are better emotionally now 🤗🤗

[WhiteShoulder]

Thanks 😊

[Brainsbeforebeauty]

♥️🤗

[LexyIsSexy23]

He filed twice

@WhiteShoulder so
I love how G-&_y looks so elegant and sophisticated then there's Whistles😂

[WhiteShoulder]

Whistles got mad style... 😂

[LexyIsSexy23]

😂😂😂

[Orangeandturquoise]

Hmm i don't know what I think of it... It seems like it's a reference to human impulsiveness but I'm not sure.

[WhiteShoulder]

Things start to fall apart slowly, then they collapse all at once

[Sevenpointfive]

sounds like a financially irresponsible approach to an ongoing bankruptcy

[StarGayle]

It makes a lot of sense. First dept stacks on slowly but then it gets to a point where once you're in a deep hole its harder to climb out

[jamesgoldman]

Makes me think of the markets right now
One share fell 80% on Friday and rose 150% today

[DiversityHire]

It sounds like an apt description for many negative experiences in life.

[DanOh2018]

LoL oh I've been there. Bad decisions tend to hit a critical mass and get away from you.

[BoxySama]

He is just talking about the stock market, or the nature of money in general

[Jean-Marie_Céline]

That it can be applied to many situations in life.

[WhiteShoulder]

Very true

[JesseJayNeak]

That's what happens to people with little experience with money

[NickiB1]

i think he needs a lesson in money😂

[Sweetnessxoxo]

Seems relatable

[WhiteShoulder]

Totally

[scooogy]

Sometimes know-how is more valuable than money.

[Kejaco]

I like it l, it's pretty accurate

[Chris006]

That you need to be careful

[CaptainLegal]

Totally me but didn't bankrupt

[helplessLady]

don't know

[soleil2666]

Ouch

[COMMODOREII]

Ok? 😂

[dthomas89]

Not sure

[BronzedAdonis]

It’s profound