I'd Like To Be Clear

In China Anything Less Than 6% Growth Is A Recession Meaning That It Also Causes Financial Problems And It's Disruptive And It's A Problem.

Remember That Experience Creates Internalization. Doing Things Repeatedly Leads To Internalization, Which Produces A Quality Of Understanding That Is Generally Vastly Superior To Intellectualized Learning.

When You're Faced With A Choice, You Have One Of Three Choices That You Can Have. You Can Have Those With Power Decide. You Can Have One Man, One Vote. Or You Can Have Believability-weighted Decision-making.

One Of The Greatest Sources Of Problems In Our Society Arises From People Having Loads Of Wrong Theories In Their Heads - Often Theories That Are Critical Of Others - That They Won't Test By Speaking To The Relevant People About Them. Instead, They Talk Behind People's Backs, Which Leads To Pervasive Misinformation.

A Beautiful Deleveraging Balances The Three Options. In Other Words, There Is A Certain Amount Of Austerity, There Is A Certain Amount Of Debt Restructuring, And There Is A Certain Amount Of Printing Of Money. When Done In The Right Mix, It Isn't Dramatic.