From time to time many of the Western World's leaders and their financial advisers meet to discuss the instability that seems to have dominated the economic scene in recent decades.
"Oh, well, no one's perfect" is a statement often made as an apology for human imperfections—occasioned, perhaps, by a forgotten appointment, a broken dish, or an idiosyncrasy.
One who has suffered dashed hopes about a career, relationships, or a combination of such challenges may feel that precious years were outright wasted and must be written off as worthless.