The Ultimate Asset Bubble Is

It Is Much Easier To Put Existing Resources To Better Use, Than To Develop Resources Where They Do Not Exist.

If The Choice Is Between Cooking Alive And Wasting Money Unnecessarily I Would Rather Waste Some Money, Because Long Before We Cook We Are Going To Kill Each Other If We Don't Deal With Climate Change.

Germany Will Always Do The Minimum To Preserve The Euro. Doing The Minimum, Though, Will Perpetuate The Situation Where The Debtor Countries In Europe Have To Pay Tremendous Premiums To Refinance Their Debt. The Result Will Be A Europe In Which Germany Is Seen As An Imperial Power That Will Not Be Loved And Admired By The Rest Of Europe - But Hated And Resisted, Because It Will Perceived As An Oppressive Power.

If Truth Be Known, I Carried Some Rather Potent Messianic Fantasies With Me From Childhood Which I Felt I Had To Control, Otherwise I Might End Up In The Loony Bin. But When I Made My Way In The World I Wanted To Indulge Myself In My Fantasies To The Extent That I Could Afford.

Most Of The Poverty And Misery In The World Is Due To Bad Government, Lack Of Democracy, Weak States, Internal Strife, And So On.