'...that curious buoyancy which exists in America, which allows a man to gamble away fortunes, keep his credit, and retrieve every disaster. Failures in the United States are even a certain credential; they prove that the man who has sustained them is enterprising; his courage is admired, and he is often accepted as an expert on the very matters wherein he may have committed errors of judgment...'
from Love and the Soul Hunters by John Oliver Hobbes (Chapter XXIII)
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