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RE: Moral hazard, what is it? And how it can negatively impact you.

in Project HOPE4 years ago

It is a bad idea to believe people will be there to give you support while you endanger your own life.
This often leads to first grade disappointment.
How can you from your mind place your responsibility on someone else? Who knows what the person will be going through by that exact time you expected them to be there for you?
Everyone must learn to manage risk. We all take risk in our daily lives and it I essential that we learn and cope on how to manage and maintain our lives and properties through risk.
This topic seem complex, but the way you have placed it made it interesting to read. Thanks for sharing

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“Who knows what the person will be going through by that exact time you expected them to be there for you?”

I like this statement. There's a certain amount of arrogant presumption that comes with moral hazard. Not only is one person assuming that their problems have more value than the other person's problems, now limited resources have to be dedicated to reckless behavior at the expense of responsible behavior.

Great reply and thank you @benie111.