Only simple ideas can be held by large groups of people. Commonly held ideas are almost always dumbed down until they are practically lies... and often dangerous ones. Once vast numbers of people have come to believe the lie, they adjust their own behavior to bring themselves into sync with it, and thereby change the world itself. 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.
Bill BonnerOnly simple ideas can be held by large groups of people. Commonly held ideas are almost always dumbed down until they are practically lies... and often dangerous ones. Once vast numbers of people have come to believe the lie, they adjust their own behavior to bring themselves into sync with it, and thereby change the world itself. 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.
Bill BonnerThe US is headed for ruin and revolution. The revolution will almost certainly be put down, violently. But the ruin cannot be stopped.
Bill BonnerNeither limits nor adversity are what ruin men. Under pressure, they handle themselves pretty well. Itโs the lack of limits they canโt handle. Thatโs when they run amok. So, if you really want to see what a man is made of let him think he can get away with something.
Bill BonnerA 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.
Bill BonnerThe promise of American capitalism is that it makes people richer, freer and more independent. But since the introduction of Fed, the currency in which Americans keep score has so addled the figures, we scarcely know if we are winning or losing. The dollar we knew as a child - in the 1950's - is only worth a tenth as much today.
Bill Bonner