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You can forget about recovery. There is no recovery – and there’s not going to be any recovery. Recovery is an impossibility.

Bill Bonner

The world, then, no longer resembles the one that gave rise to the original insight. Soon, a person’s situation is so at odds with the world as it really is that a crisis develops, and he or she must seek a new metaphor for explanation and guidance.
BILL BONNER

Develop Explain Guidance Situation Soon
God determines how fast you’re going to run; I can help only with the mechanics.
BILL BONNER

Helping Mechanic Running
The US is headed for ruin and revolution. The revolution will almost certainly be put down, violently. But the ruin cannot be stopped.
BILL BONNER

Country Revolution Ruins Tate
Now it is done by the central bankers and Treasury Secretaries themselves. They don’t apologize for it. They don’t hang their heads and contemplate blowing their brains out. Instead, they’re proud of it… announcing that they ‘saved civilization,’ or some such claptrap.
BILL BONNER

Banker Blowing Brains Hang Head Secretaries
If you look carefully, almost all Old Money secrets can be traced to a single source: a longer-term outlook.
BILL BONNER

Looks Outlook Secret Source
The athlete makes himself, the coach doesn’t make the athlete.
BILL BONNER

Athlete Coaches Health Update
Yes, there are constraints on the way the insiders use their power. There are ‘checks and balances,’ built into the constitution, for example.
BILL BONNER

Balance Checks Constraints Construction Example
The entire world economy rests on the consumer; if he ever stops spending money he doesn’t have on things he doesn’t need — we’re done for.
BILL BONNER

Civilization Consumer Done Needs
Norman Rockwell spent his career painting pictures that helped people understand their own feelings…pictures that enriched their own experiences and celebrated their own lives.
BILL BONNER

Art Careers Experience Real Rock
Once vast numbers of people have come to believe the lie, they adjust their own behavior to bring themselves into sync with it, and thereby change the world itself.
BILL BONNER

Behaviour Change Number Original World
Both the liberal and the conservative are in agreement: it is all very well to let the people alone, but only if they do what you want them to do.
BILL BONNER

Agreement Liberal People Want
And there are cultural norms and traditional prohibitions. But eventually, the norms and traditions wear off, like painkillers. And then, the pain of raw government begins again.
BILL BONNER

Begin Eventually Government Painkillers
I hope the competition will resume, and if it does, you must not think that running or throwing or jumping is frivelous. The games were once your fellow Olympians answer to war – competition, not conquest. Now, they must be your answer.
BILL BONNER

Answer Competition Games Jumping Olympians Throwing
If at the end of a race you know yourself that you have done your best, you’re a winner.
BILL BONNER

Done End Race Winner
People do not get what they want or what they expect from the markets; they get what they deserve.
BILL BONNER

Deserve People Want
The idea that the harder you work, the better you’re going to be is just garbage. The greatest improvement is made by the man or woman who works most intelligently.
BILL BONNER

Garbage Ideas Men

You can forget about recovery. There is no recovery – and there’s not going to be any recovery. Recovery is an impossibility.

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You can forget about recovery. There is no recovery – and there’s not going to be any recovery. Recovery is an impossibility.

Related Topics

Popular Authors

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