What are some historical or current events that best describe or support Poor Richard's Aphorism "A small leak will sink a great ship."?in Poor Richard's Almanack

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pohnpei397 | College Teacher | (Level 3) Distinguished Educator

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The one that comes most immediately to mind for me is the current trouble that our (United States) economy is in.  You can say that it started from a relatively small leak and that it has sunk a great ship.  At any rate, it has certainly caused a lot of trouble.

The economic problems can be traced to companies giving out mortgages to people who really could not afford them.  Each individual one of these mortgages was a very small leak.  And you would think that mortgages in general would be pretty small compared to the US economy as a whole.  But when all those mortgages got put together and when the financial companies started making derivatives based on those mortages, they turned into a really big deal.

Because of all these little leaks, the US entered a huge financial crisis back in late 2008 and has not completely recovered yet.

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