When Bond Prices Fall, Interest Rates Soar,

The Japanese Co-prosperity Zone Began As A Racist Utopia And Ended As A Cross Between An Abbatoir, A Plantation And A Brothel.

If The Financial System Has A Defect, It Is That It Reflects And Magnifies What We Human Beings Are Like. Money Amplifies Our Tendency To Overreact, To Swing From Exuberance When Things Are Going Well To Deep Depression When They Go Wrong. Booms And Busts Are Products, At Root, Of Our Emotional Volatility.

The Ascent Of Money Has Been Essential To The Ascent Of Man.

In The Financial Sector, Those Whom The Gods Want To Destroy They First Teach Math.

It’s Our Generation That Is Witnessing The End Of Western Predominance. The Average American Used To Be More Than 20 Times Richer Than The Average Chinese. Now It’s Just Five Times, And Soon It Will Be 2.5 Times.