The US is headed for ruin and revolution. The revolution will almost certainly be put down, violently. But the ruin cannot be stopped.
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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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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If you look carefully, almost all Old Money secrets can be traced to a single source: a longer-term outlook.
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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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I hope the competition will resume, and if it does, you must not think that running or throwing or jumping is frivelous. The games were once your fellow Olympians answer to war – competition, not conquest. Now, they must be your answer.
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You don’t get what you want from investing, you get what you deserve.
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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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Norman Rockwell spent his career painting pictures that helped people understand their own feelings…pictures that enriched their own experiences and celebrated their own lives.
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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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God determines how fast you’re going to run; I can help only with the mechanics.
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There’s no such thing as bad weather, just soft people.
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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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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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Everything you need is already inside.
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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.
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Don’t give anything away. Never make it easy for the guys you are trying to beat.
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The athlete makes himself, the coach doesn’t make the athlete.
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There is no bad weather, just soft runners.
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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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A teacher is never too smart to learn from his pupils. But while runners differ, basic principles never change.
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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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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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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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So it’s a matter of fitting your current practices to fit the event and the individual. See, what’s good for you might not be worth a darn for the next guy.
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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 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.
BILL BONNER