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.
BILL BONNERYou can forget about recovery. There is no recovery – and there’s not going to be any recovery. Recovery is an impossibility.
More Bill Bonner Quotes
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To bring inspiration and innovation to every athlete* in the world.
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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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Harness the Power of Accelerated Failure – the faster you fail, the faster you succeed.
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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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There is no bad weather, just soft runners.
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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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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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You don’t get what you want from investing, you get what you deserve.
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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.
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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 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 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 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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A teacher is never too smart to learn from his pupils.
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If there is one thing that marks families with money in the long term it is this: delayed gratification.
BILL BONNER