Posts Tagged ‘values’

“It’s EZ credit that is the linchpin in today’s fake-money system.

The Deep State’s stocks, bonds, and real estate values… not to mention its careers, incomes, and reputations… depend on it.

And it is made possible by the China trade… by Chinese workers who put in long hours in miserable conditions in order to stock the shelves of Walmart with cheap goods… by Chinese manufacturers who undersell their competitors to keep consumer price inflation in the U.S. at low levels… and by Bank of China, which holds some $1.25 trillion worth of U.S. bonds… thus propping up the whole wobbly capital structure….

In politics and economics, BS is all there is. The calculations are almost always fake; the statistics are quackery; the theories are devilish nonsense. And bad ideas never entirely disappear, they just re-emerge after a few years… often dressed in new duds.”

-Bill Bonner

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Value Success

Posted: October 23, 2015 in Thought for the Day
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“Unless you live your life according to your core values, no success will be enough to bring
you joy.” -Mark Ford

Valued Decision

Posted: August 27, 2014 in Thought for the Day
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“It’s not hard to make decisions when you know what your values are.”—Roy Disney

Rare Wealth

Posted: January 27, 2014 in Money Matters
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“Having wealth is rare.  Having it for more than one generation is rarer still.  You don’t do that by doing what other people do.  You have to think more clearly… and avoid many of the ideas, values and habits that most people have.” -Bill Bonner

Rare Wealth

Posted: December 20, 2013 in Money Matters
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“Having wealth is rare. Having it for more than one generation is rarer still. You don’t do that by doing what other people do. You have to think more clearly… and avoid many of the ideas, values, and habits that most people have.” -Bill Bonner