We discuss the possibility of describing unstable systems, or dissipative systems in general, by vectors in a Hilbert space, evolving in time according to some non-unitary group or semigroup of translations. If the states of the unstable or dissipative system are embedded in a larger Hilbert space containing “decay products” as well, so that the time evolution of the system as a whole becomes unitary, we show that the infinitesimal generator necessarily has all energies from minus to plus infinity in its spectrum. This result supplements and extends the well-known fact that a positive energy spectrum is incompatible with a decay law bounded by a decreasing exponential. As an example of both facts, we discuss Zwanziger's irreducible, nonunit...