The point is that families today are spending their money no more foolishly than their parents did. And yet they're five times more likely to go bankrupt, and three times more likely to lose their homes. Families are going broke on the basics - housing, health insurance, and education. These are the kind of bills that you can't just trim around the edges in the event of a downturn.
You're not going to die. Here's the white-hot truth: if you go bankrupt, you'll still be okay. If you lose the gig, the lover, the house, you'll still be okay. If you sing off-key, get beat by the competition, have your heart shattered, get fired...it's not going to kill you. Ask anyone who's been through it.
You step forward and make it real for a start. You choose a sensible moment in history. Funnily enough, England was bankrupt and the moment is the death of Richard The Lionheart... Richard takes an arrow in the neck collecting a small debt from a small castle on his way home from the Crusades because he's penniless.
If I have renounced the search of truth, if I have come into the port of some pretending dogmatism, some new church, some Schelling or Cousin, I have died to all use of these new events that are born out of prolific time into multitude of life every hour. I am as bankrupt to whom brilliant opportunities offer in vain. He has just foreclosed his freedom, tied his hands, locked himself up and given the key to another to keep.
There is a classic moment in ‘The Sun Also Rises’ when someone asks Mike Campbell how he went bankrupt, and all he can say in response is, “Gradually and then suddenly.” When someone asks how I lost my mind, that’s all I can say too.
He has to find more and better ways of occupying his time. His time, what a bankrupt idea, as if he's been given a box of time belonging to him alone, stuffed to the brim with hours and minutes that he can spend like money. Trouble is, the box has holes in it and the time is running out, no matter what he does with it.