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If pessimism is despair, optimism is cowardice and stupidity. Is there any need to choose between them?

Francis Parker Yockey (2013). “Imperium: The Philosophy of History and Politics”, p.80, The Palingenesis Project (Wermod and Wermod Publishing Group)
If pessimism is despair, optimism is cowardice and stupidity. Is there any need to choose between them?