Posts Tagged ‘depend’

“Courage is rightly considered the foremost of the virtues for upon it all others depend.” -Winston Churchill

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“Who did the most damage: Greenspan, Bernanke, or Yellen?…  When Mr. Greenspan took over at the Fed in August 1987, the government owed about $3 trillion… or about 40% of GDP.  Today, the national debt approaches $21 trillion – more than 100% of GDP.  Household and corporate debt levels have shown similar expansions. Overall, for the last 30 years, total (private and public) debt has grown about twice as fast as the economy that supports it….  And now, hundreds of millions of people depend on the EZ money economy created by Greenspan, Bernanke, and Yellen. Their jobs, their incomes, their investments, their retirements – all depend on keeping the fantasy alive.” -Bill Bonner

Your Future

Posted: November 4, 2013 in Thought for the Day
Tags: , , , ,

“Your future does not depend on the opinion, or permission, of other people.” -Andy Andrews