In addition to this month's Puritan Reading, I am also presently engaged with David Wells' The Courage to Be Protestant.
In his chapter on truth we find these sobering words:
In the West we have not the slightest inkling that, in reveling in affluence as we do, we are playing with fire. This affluence so easily becomes an alternative Way, Truth, and Life, a counterfeit gospel in which to have is to be saved and to have not is to be damned. Unfortunately, la dolce vita is not itself satisfying, not in an enduring way. It tends to make us shallow, self-absorbed people who give ourselves to chasing what is superficial by way of styles, fads, and what is pleasurable provided there are no demands for commitments. The styles quickly become obsolete, the fads are forgotten, and the pleasures fade like the morning mist so that this kind of life constantly has to be reinventing itself. Those who fashion their lives around these things die of emptiness. The pains that linger in the soul like a bad headache stay a long, long time. (pg. 90)
Yes, we may be "playing with fire" to the point that all that will remain is ash.
Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also. (Matthew 6:19-21, ESV)