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 BONNERHarness the Power of Accelerated Failure – the faster you fail, the faster you succeed.
More Bill Bonner Quotes
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If you have a body, you are an athlete!
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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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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.
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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.
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A teacher is never too smart to learn from his pupils.
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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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To bring inspiration and innovation to every athlete* in the world.
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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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If there is one thing that marks families with money in the long term it is this: delayed gratification.
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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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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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If at the end of a race you know yourself that you have done your best, you’re a winner.
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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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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