You can forget about recovery. There is no recovery – and there’s not going to be any recovery. Recovery is an impossibility.
BILL BONNERI still bother with runners I call hamburgers. They’re never going to run any record times. But they can fulfill their own potential.
More Bill Bonner Quotes
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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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If you have a body, you are an athlete!
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Several of my critics have said, ‘Bowerman just tacks up a piece of paper in the locker room and turns his runners loose.’ They’re partially right. I do give the athletes a relatively free rein and for good reason. One of my principles is? ‘Don’t overcoach.’
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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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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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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.
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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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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 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.
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A teacher is never too smart to learn from his pupils.
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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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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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There’s no such thing as bad weather, just soft people.
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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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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.
BILL BONNER