Facebook and other social networking sites are bringing together spheres that used to be separate. People no longer have private and public lives; the line between the two is becoming blurred.
Paul AchleitnerDebt is not intrinsically bad. But I make clear to my children that they should only borrow as much as they will be able to pay back.
Paul AchleitnerEnormous forces are affecting the world, and we can't possibly overestimate their importance. These include demographic developments, climate change, digitalization and the rise of Asia. And then there's the most important one: the end of a life lived on credit. We must finally free ourselves from debt.
Paul Achleitner