The US is headed for ruin and revolution. The revolution will almost certainly be put down, violently. But the ruin cannot be stopped.
BILL BONNERNeither 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.
More Bill Bonner Quotes
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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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If there is one thing that marks families with money in the long term it is this: delayed gratification.
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I still bother with runners I call hamburgers. They’re never going to run any record times. But they can fulfill their own potential.
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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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If you have a body, you are an athlete!
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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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If someone says, ‘Hey, I ran 100 miles this week. How far did you run?’ ignore him! What the hell difference does it make?…. The magic is in the man, not the 100 miles.
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Don’t give anything away. Never make it easy for the guys you are trying to beat.
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Yes, there are constraints on the way the insiders use their power. There are ‘checks and balances,’ built into the constitution, for example.
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God determines how fast you’re going to run; I can help only with the mechanics.
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If you look carefully, almost all Old Money secrets can be traced to a single source: a longer-term outlook.
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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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I think people can handle 150 to 200 miles a week. But something has to give somewhere. If he’s a student, how’s he going to study? He may be at the age of chasing and courtship, and that’s an important form of sport and recreation, too.
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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 economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.
BILL BONNER