The Trap of Compound Interest: Many view compounding as beneficial because interest earned is reinvested to increase profit. However, for those who are in debt, compound interest can increase the burden, leading to even greater losses. This effect disproportionately harms poor people, who often pay higher costs and face greater opportunity costs than the wealthy. While compounding enhances gains for those profiting, it intensifies harm for those losing money. This structure benefits the powerful, as the rules are designed by those in power. As a result, the desire for power can drive people toward questionable actions. - Joseph’s “just my thoughts”
Don’t underestimate your emotions. If I leave these feelings of hate, resentment, longing, and loneliness inside me, one day they will surely take their revenge. Emotions aren’t harmful when we share them with others. Even if we can’t resolve the root cause, having a friend to share our trivial feelings with helps us endure life’s hardships. When there’s someone other than myself to whom I can devote, we can avoid the storm of emotions and overcome adversity. It’s even better if we have an equal friend to share our feelings with, someone we’re committed to. Without just this one friend, we feel sad, exhausted, and lost. The feelings I hold inside will eventually take their revenge on me. - Joseph’s “just my thoughts”