The economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.
BILL BONNERTo bring inspiration and innovation to every athlete* in the world.
More Bill Bonner Quotes
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The US is headed for ruin and revolution. The revolution will almost certainly be put down, violently. But the ruin cannot be stopped.
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People do not get what they want or what they expect from the markets; they get what they deserve.
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Neither limits nor adversity are what ruin men. Under pressure, they handle themselves pretty well. It’s the lack of limits they can’t handle. That’s when they run amok. So, if you really want to see what a man is made of let him think he can get away with something.
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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.
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A man on his owns knows that he is best advised to leave his dumbbell neighbors alone. But let him join a political party, and he fantasizes that he has the right and the power to tell everyone on the block what to do.
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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.
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A man’s wealth can…also be measured by what he doesn’t have and doesn’t want. When he wants little, he is a rich man.
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The real purpose of running isn’t to win a race, it’s to test the limits of the human heart.
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To bring inspiration and innovation to every athlete* in the world.
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None of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises.
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There’s no such thing as bad weather, just soft people.
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If at the end of a race you know yourself that you have done your best, you’re a winner.
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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.
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You don’t get what you want from investing, you get what you deserve.
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If there is one thing that marks families with money in the long term it is this: delayed gratification.
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