Posts Tagged ‘works’

Abandon Work?

Posted: July 10, 2019 in Thought for the Day
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“Abandoning what doesn’t work is what makes what works work.” -P.J. O’Rourke

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“The U.S. 10-year bond yield rose to a seven-year high of 3.24% – nearly 2% above its bottom in July 2016.

This 2% increase, imposed on $68 trillion of debt, is equal to an extra $1.3 trillion in interest charges….

To look at it another way, the typical working person who works an average of 33 hours per week earns $26 an hour. His percentage of the total debt is about $500,000.

At today’s interest rate, he will have to work 558 hours – or three and a half weeks (not including taxes) – just to keep up with the interest payments. Clearly, this is impossible…” -Bill Bonner

“Few things are impossible to diligence and skill. Great works are performed not by strength but perseverance.” -Samuel Johnson

Gnawing Interest

Posted: March 26, 2014 in Debt
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“Interest works night and day in fair weather and in foul. It gnaws at a man’s substance with invisible teeth.” -Henry Ward Beecher

Who?

Posted: January 8, 2014 in Thought for the Day
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“Who works achieves and who sows reaps.” -Arabian proverb

Dishonesty Works?

Posted: August 3, 2013 in Thought for the Day
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“Dishonesty works… until it doesn’t.” –James Altucher

“I’ve concluded, after many years, that my mind works by process of elimination.  Problem is, it hasn’t eliminated anything yet.” -Robert Brault