"Another great evil arising from this desire to be thought rich; or rather, from the desire not to be thought poor, is the destructive thing which has been honored by the name of "speculation"; but which ought to be called Gambling"

This quote by William Cobbett speaks with the devastating nature of the desire to be thought of as rich, or to prevent being considered bad. He calls this habits "speculation" however it is more precisely described as "gambling". This quote highlights the dangers of betting, which is often seen as a method to rapidly prosper. Nevertheless, it is more likely to result in monetary destroy. Gambling can cause people handling more danger than they can deal with, and can result in them losing more money than they can manage. It can also lead to individuals becoming addicted to gambling, leading to more financial and personal issues. This quote serves as a cautioning to those who are lured to gamble in order to become wealthy, and to remind them of the threats connected with it.