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 BONNERA 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.
More Bill Bonner Quotes
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God determines how fast you’re going to run; I can help only with the mechanics.
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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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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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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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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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You can forget about recovery. There is no recovery – and there’s not going to be any recovery. Recovery is an impossibility.
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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 athlete makes himself, the coach doesn’t make the athlete.
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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.
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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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People do not get what they want or what they expect from the markets; they get what they deserve.
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A teacher is never too smart to learn from his pupils.
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Harness the Power of Accelerated Failure – the faster you fail, the faster you succeed.
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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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There’s no such thing as bad weather, just soft people.
BILL BONNER