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 BONNERBoth 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.
More Bill Bonner Quotes
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The athlete makes himself, the coach doesn’t make the athlete.
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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 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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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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Everything you need is already inside.
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A teacher is never too smart to learn from his pupils.
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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 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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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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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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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 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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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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The entire world economy rests on the consumer; if he ever stops spending money he doesn’t have on things he doesn’t need — we’re done for.
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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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If there is one thing that marks families with money in the long term it is this: delayed gratification.
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God determines how fast you’re going to run; I can help only with the mechanics.
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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.
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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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A teacher is never too smart to learn from his pupils. But while runners differ, basic principles never change.
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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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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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To bring inspiration and innovation to every athlete* in the world.
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There is no bad weather, just soft runners.
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There’s no such thing as bad weather, just soft people.
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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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