Posts Tagged ‘trouble’

Don’t Know?

Posted: August 26, 2020 in Thought for the Day
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“It isn’t what we don’t know that gives us trouble, it’s what we know that ain’t so.” -Will Rogers

“If a man could have half his wishes, he would double his troubles.” -Benjamin Franklin

No Trouble

Posted: March 17, 2020 in Thought for the Day
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“Never trouble another for what you can do for yourself.” -Unknown

Just Ain’t So

Posted: September 20, 2019 in Thought for the Day
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“It ain’t what you don’t know that gets you into trouble.  It’s what you know for sure that just ain’t so.” -Mark Twain

“The married couple of 20 years is just a step away from financial disaster….

Millions of over-leveraged consumers – who can’t distinguish between a ‘want’ and a ‘need’, refuse to live within their means, require a certain standard of living, and use most of their available credit without knowing when or how they’ll pay it off – are a big credit risk. They live on the edge of default….

Inevitably, irresponsible lending always leads to a bust….  Credit-card debt is growing so fast, it’s even outpacing strong wage growth….

Trouble is brewing… It’s only a matter of time before this recklessness blows up.” -Bill McGilton

“Real credit comes from money that is saved… taken out of the consumer economy so that it can be used for emergencies and capital investments.  When it is paid back – usually out of increased output – the world is a richer place.  But try to trick the economy with phony credit – money that was never earned and never saved – and you are just asking for trouble.” -Bill Bonner

Future Surprise

Posted: December 11, 2015 in Thought for the Day
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“That is the trouble with the future: It must come as a surprise.” -Bill Bonner

“The U.S. stimulates its people to buy more Chinese-made goods.  And China stimulates its manufacturers to make more stuff for people who can’t afford it.  Both are heading for trouble…. Americans are hooked on spending.  They consume their wealth…and more.” -Bill Bonner

“The real price of everything is the toil and trouble of acquiring it.” -Adam Smith