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The economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.

Bill Bonner

That is the problem with age and wisdom—it merely shows you how helpless you are. The wiser you become, the more you learn to keep your mouth shut, until eventually the grave silences you forever.
BILL BONNER

Forever Learning Wisdom
So it’s a matter of fitting your current practices to fit the event and the individual. See, what’s good for you might not be worth a darn for the next guy.
BILL BONNER

Current Good Guy might Next Practical
The athlete makes himself, the coach doesn’t make the athlete.
BILL BONNER

Athlete Coaches Health Update
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
There is no bad weather, just soft runners.
BILL BONNER

Runners Running Weather
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
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 still bother with runners I call hamburgers. They’re never going to run any record times. But they can fulfill their own potential.
BILL BONNER

Hockey Running Sports
Only simple ideas can be held by large groups of people. Commonly held ideas are almost always dumbed down until they are practically lies… and often dangerous ones.
BILL BONNER

Believe Lying Simple
A teacher is never too smart to learn from his pupils.
BILL BONNER

Smart Teacher Teaching
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
The economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.
BILL BONNER

Leader Way World
Harness the Power of Accelerated Failure – the faster you fail, the faster you succeed.
BILL BONNER

Failing Harness Succeed
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
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
People are upset. They know something is wrong. But they don’t know what. The real explanation is too complicated. They won’t sit still for it. So, they look for scapegoats – the rich…the banks…the Chinese.
BILL BONNER

People Real Scapegoats Upset

The economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.

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The economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.

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